Will BY going to beat the earnings significantly today?

BYND is not expected to beat earnings significantly today. Here's why:

1. Earnings Expectations: Beyond Meat's estimated EPS for the quarter ending June 2024 is -$0.53, which is below the consensus estimate of -$0.51 per share. This indicates that the expected earnings are not significantly higher than what the market is anticipating.
2. Revenue Expectations: Despite reporting revenue of $93.19 million for the quarter, which is 6.12% above the analyst estimate of $87.81 million, the year-over-year decline of 8.8% in sales may impact the overall earnings performance.
3. Market Sentiment: The market sentiment around BYND has been cautious, with a "Strong Sell" consensus rating from brokerages, indicating a lack of confidence in the stock's short-term performance.
4. Company Outlook: Beyond Meat's second-quarter results were mixed, with a loss of $34.5 million, or $0.53 per share, which was in line with most analysts' estimates but reflected a continuing struggle to win consumers over with plant-based meat products.

In conclusion, while Beyond Meat has exceeded revenue estimates and matched EPS estimates, the overall market sentiment and the company's ongoing challenges in gaining consumer traction suggest that BYND is not likely to deliver a significant earnings beat today.