TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — Mister Car Wash Inc. (MCW) on Thursday reported second-quarter profit of $27.1 million.
On a per-share basis, the Tucson, Arizona-based company said it had net income of 8 cents. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share.
The car wash operator posted revenue of $236.9 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $240.5 million.
Mister Car Wash expects full-year earnings in the range of 28 cents to 32 cents per share, with revenue in the range of $913 million to $936 million.
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