Mister Car Wash (MCW) to Release Quarterly Earnings on Wednesday

Mister Car Wash (NYSE:MCW - Get Free Report) will issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Mister Car Wash has set its FY24 guidance at $0.30-0.34 EPS and its FY 2024 guidance at 0.300-0.340 EPS.Parties that are interested in registering for the company's conference call can do so using this link.

Mister Car Wash (NYSE:MCW - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.08 by $0.02. The business had revenue of $255.04 million during the quarter, compared to the consensus estimate of $256.65 million. Mister Car Wash had a net margin of 7.37% and a return on equity of 9.90%. On average, analysts expect Mister Car Wash to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Mister Car Wash Trading Up 0.2 %

Shares of NYSE:MCW traded up $0.01 during mid-day trading on Wednesday, hitting $6.31. The stock had a trading volume of 894,199 shares, compared to its average volume of 1,643,341. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.25 and a current ratio of 0.28. The company has a market cap of $2.02 billion, a PE ratio of 27.35, a P/E/G ratio of 1.98 and a beta of 1.64. Mister Car Wash has a 12-month low of $4.80 and a 12-month high of $9.45. The company's 50 day moving average is $6.47 and its 200-day moving average is $6.85.

Analyst Ratings Changes

Separately, The Goldman Sachs Group increased their target price on shares of Mister Car Wash from $5.00 to $6.00 and gave the stock a "sell" rating in a research report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $9.50.

Mister Car Wash Company Profile

Mister Car Wash, Inc, together with its subsidiaries, provides conveyorized car wash services in the United States. It offers express exterior and interior cleaning services. The company serves individual retail and corporate customers. The company was formerly known as Hotshine Holdings, Inc and changed its name to Mister Car Wash, Inc in March 2021.