Mister Car Wash: Q3 Earnings Snapshot

TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — Mister Car Wash Inc. (MCW) on Wednesday reported third-quarter net income of $27.4 million.

The Tucson, Arizona-based company said it had net income of 8 cents per share. Earnings, adjusted for one-time gains and costs, were 11 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.

The car wash operator posted revenue of $263.4 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $261.2 million.

Mister Car Wash expects full-year earnings in the range of 42 cents to 43 cents per share, with revenue expected to be $1.05 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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