Mister Car Wash: Q2 Earnings Snapshot

August 11, 2022 GMT

TUCSON, Ariz. (AP) _ Mister Car Wash Inc. (MCW) on Thursday reported second-quarter net income of $35.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Tucson, Arizona-based company said it had net income of 11 cents.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The car wash operator posted revenue of $225.2 million in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $218.9 million.

Mister Car Wash expects full-year earnings in the range of 36 cents to 39 cents per share, with revenue in the range of $860 million to $880 million.

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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