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Mister Car Wash: Q4 Earnings Snapshot

March 24, 2022 GMT

TUCSON, Ariz. (AP) _ Mister Car Wash Inc. (MCW) on Thursday reported fourth-quarter net income of $36.3 million.

The Tucson, Arizona-based company said it had profit of 11 cents per share. Earnings, adjusted for non-recurring gains, came to 10 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The car wash operator posted revenue of $191.5 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $189.1 million.

For the year, the company reported a loss of $22 million, or 8 cents per share. Revenue was reported as $758.4 million.

Mister Car Wash expects full-year earnings in the range of 44 cents to 47 cents per share, with revenue in the range of $875 million to $895 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