Plant-based protein company Beyond Meat (NASDAQGS:BYND) will be announcing earnings results tomorrow after market close. Here's what to look for.

Beyond Meat beat analysts' revenue expectations by 9.8% last quarter, reporting revenues of $73.68 million, down 7.8% year on year. It was a weak quarter for the company, with full-year revenue guidance missing analysts' expectations.

Is Beyond Meat a buy or sell going into earnings? Read our full analysis here, it's free.

This quarter, analysts are expecting Beyond Meat's revenue to decline 17.9% year on year to $75.72 million, a further deceleration from the 15.7% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.66 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Beyond Meat has missed Wall Street's revenue estimates four times over the last two years.

Looking at Beyond Meat's peers in the perishable food segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Cal-Maine's revenues decreased 29.5% year on year, beating analysts' expectations by 1.5%, and Freshpet reported revenues up 33.6%, topping estimates by 3.6%. Cal-Maine traded up 3.5% following the results.

Read our full analysis of Cal-Maine's results here and Freshpet's results here.

Investors in the perishable food segment have had steady hands going into earnings, with share prices flat over the last month. Beyond Meat is up 11.8% during the same time and is heading into earnings with an average analyst price target of $6.5 (compared to the current share price of $8.25).

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