TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — Mister Car Wash Inc. (MCW) on Tuesday reported first-quarter earnings of $21.1 million.
The Tucson, Arizona-based company said it had net income of 6 cents per share. Earnings, adjusted for one-time gains and costs, were 8 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The car wash operator posted revenue of $226 million in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $231.6 million.
Mister Car Wash expects full-year earnings in the range of 30 cents to 35 cents per share, with revenue in the range of $925 million to $960 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
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