TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — Mister Car Wash Inc. (MCW) on Wednesday reported fourth-quarter profit of $9.2 million.
On a per-share basis, the Tucson, Arizona-based company said it had net income of 3 cents. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The car wash operator posted revenue of $251.2 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $248.1 million.
For the year, the company reported profit of $70.2 million, or 21 cents per share. Revenue was reported as $994.7 million.
Mister Car Wash expects full-year earnings in the range of 43 cents to 45 cents per share, with revenue in the range of $1.04 billion to $1.06 billion.
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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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