Mister Car Wash Inc reports results for the quarter ended in January - Earnings Summary

Mister Car Wash

02/05/2024 14:59

* Mister Car Wash Inc  MCW.N  reported quarterly adjusted
earnings
of 8 cents​​ per share for the quarter ended in January,
identical to the same quarter last year.  The mean expectation
of fifteen analysts for the quarter was for earnings of 8 cents
per share. Wall Street expected results to range from 7 cents
to 10 cents per share.
    * Revenue rose 5.9% to $239.18 million from a year ago;
analysts
expected $243.48 million. 
    * Mister Car Wash Inc's reported EPS for the quarter was 5
cents​.
    * The company reported quarterly net income of $16.64
million.
    * Mister Car Wash Inc shares had fallen by 13.7% this
quarter and
lost 22.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the personal
services
peer group is also "buy"

Wall Street's median 12-month price target for Mister Car Wash
Inc is $9.60 
This summary was machine generated from LSEG data May 2 at 01:58
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.08           0.08           Met
 Dec. 31 2023      0.07           0.07           Met
 Sep. 30 2023      0.07           0.08           Beat
 Jun. 30 2023      0.09           0.09           Met