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

Mister Car Wash

31/07/2024 22:02

* Mister Car Wash Inc  MCW.N  reported quarterly adjusted
earnings
of 11 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of 9 cents.  The mean expectation of fifteen analysts for the
quarter was for earnings of 9 cents per share. Wall Street
expected results to range from 8 cents to 10 cents per share.
    * Revenue rose 7.7% to $255.04 million from a year ago;
analysts
expected $255.33 million. 
    * Mister Car Wash Inc's reported EPS for the quarter was 7
cents​.
    * The company reported quarterly net income of $22.09
million.
    * Mister Car Wash Inc shares had risen by 7.9% this
quarter and
lost 11.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"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 July 31 at
09:02 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
 Jun. 30 2024      0.09           0.11           Beat
 Mar. 31 2024      0.08           0.08           Met
 Dec. 31 2023      0.07           0.07           Met
 Sep. 30 2023      0.07           0.08           Beat