Beyond Meat Inc (NASDAQ:BYND) shares are trading higher Tuesday morning ahead of the company's fourth-quarter earnings report, which is due after the bell. Investors appear to be positioning around a mix of last week's operational updates, including a product-quality milestone and a delayed financial filing.

Clean Label Certification Highlights Product Quality Push At Beyond Meat

Earlier in March, Beyond Meat said more than 20 products earned Clean Label Project Certification following third-party testing for contaminants such as heavy metals and pesticides.

The newly certified lineup included Beyond Steak Filet, Beyond Ground Original and several Beyond Immerse protein drinks, which the company said underscores its focus on transparency, ingredient quality and purity standards.

Delayed Q4 Results Put Internal Control Issues In Focus Ahead Of Earnings

The bigger storyline came last week when Beyond Meat said it would delay the release of its fourth-quarter and full-year financial results until March 31, citing the need for more time to complete financial close procedures and address material weaknesses in internal controls tied to inventory provision. The company also said prospective corrections could affect the first three quarters of 2025.

Beyond Meat also disclosed preliminary fourth-quarter net revenue of about $61 million, roughly in line with its prior guidance range of $60 million to $65 million. Wall Street expects a quarterly loss of 11 cents per share on revenue of about $62 million.

BYND Shares Surge Tuesday Morning

BYND Price Action: Beyond Meat shares were up 11.48% at approximately 68 cents at the time of publication on Tuesday. The stock is trading near its 52-week low of 50 cents, according to Benzinga Pro data.

Image: Courtesy of Beyond Meat