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Mister Car Wash: Q4 Earnings Snapshot - WTOP News


Mister Car Wash: Q4 Earnings Snapshot - WTOP News

TUCSON, Ariz. (AP) -- TUCSON, Ariz. (AP) -- Mister Car Wash Inc. (MCW) on Wednesday reported fourth-quarter earnings of $9.2 million.

The Tucson, Arizona-based company said it had net income of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 9 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

The car wash operator posted revenue of $251.2 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $248.1 million.

Mister Car Wash expects full-year earnings in the range of 43 cents to 45 cents per share, with revenue in the range of $1.04 billion to $1.06 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCW at https://www.zacks.com/ap/MCW

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