Beyond Meat ($BYND@US), listed on the Nasdaq as BYND, is trading lower after the company reported worse-than-expected third-quarter EPS and sales results and issued fourth-quarter net sales guidance below estimates. Beyond Meat, which produces plant-based, meat-like products, reported quarterly losses of 87 cents per share, missing the analyst consensus estimate of a loss of 39 cents. Beyond Meat’s quarterly sales of $106.40 million missed analyst estimates of $109.21 million by 3%."Our third-quarter results reflect variability as we saw a decline from record net revenues just a quarter ago. Despite current disruptions, we remain focused on rapidly advancing key building blocks of long-term growth," said Beyond Meat President and CEO Ethan Brown. “Whether scaling products and infrastructure for our strategic quick-serve restaurant partners, bringing a new product to retail markets, or investing in innovation, commercialization, and production capabilities here in the U.S., EU, and China, we believe we are steadily executing against our vision of being tomorrow's global protein company," Brown added. The company has developed a range of meat analogs, including beef, pork, and sausage substitutes. In addition to being available in grocery stores, the company has partnerships to sell its products in many national fast-food chains, including Dunkin’ Donuts, McDonald’s ($MCD@US), and Yum Brands ($YUM@US) restaurants such as KFC, Pizza Hut, and Taco Bell. Beyond Meat has a 52-week high of $221.00 and a 52-week low of $76.55.