Mister Car Wash, Inc. (MCW) reported a solid profit for its third quarter, showing growth compared to the same period last year and surpassing Street estimates.
The company posted earnings of $27.41 million, or $0.08 per share, up from $22.34 million, or $0.07 per share, in the previous year. On an adjusted basis, excluding special items, Mister Car Wash reported earnings of $36.44 million, or $0.11 per share for the quarter. This exceeded analysts’ expectations, which were an average of $0.10 per share. It is worth noting that analysts’ estimates typically exclude special items.
Revenue for the period also saw an increase, rising 5.7% to $263.42 million compared to $249.33 million in the prior year.
### Mister Car Wash, Inc. Earnings at a Glance (GAAP):
– **Earnings:** $27.41 million vs. $22.34 million last year
– **Earnings Per Share (EPS):** $0.08 vs. $0.07 last year
– **Revenue:** $263.42 million vs. $249.33 million last year
### Company Guidance:
– **Full Year EPS Guidance:** $0.42 – $0.43
– **Full Year Revenue Guidance:** $1.046 billion – $1.054 billion
*The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.*
https://www.nasdaq.com/articles/mister-car-wash-inc-q3-profit-increases-beats-estimates
