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Compared to Estimates, Mister Car Wash (MCW) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-05-02 00:36
For the quarter ended March 2024, Mister Car Wash (MCW) reported revenue of $239.18 million, up 5.9% over the same period last year. EPS came in at $0.08, compared to $0.08 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $244.06 million, representing a surprise of -2.00%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...
Mister Car Wash(MCW) - 2024 Q1 - Earnings Call Transcript
2024-05-02 00:22
Mister Car Wash, Inc. (NYSE:MCW) Q1 2024 Earnings Conference Call May 1, 2024 4:30 PM ET Company Participants John Lai - Chairman and CEO Jed Gold - Chief Financial Officer Conference Call Participants David Bellinger - Mizuho John Heinbockel - Guggenheim Peter Keith - Piper Sandler Chris O’Cull - Stifel Jackie Sussman - Morgan Stanley Justin Kleber - Baird Phillip Blee - William Blair Michael Lasser - UBS Tristan Thomas-Martin - BMO Capital Markets Christian Carlino - JPMorgan David Lantz - Wells Fargo Vic ...
Mister Car Wash (MCW) Meets Q1 Earnings Estimates
Zacks Investment Research· 2024-05-01 23:21
Mister Car Wash (MCW) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this car wash operator would post earnings of $0.07 per share when it actually produced earnings of $0.07, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Mister Car Wash, which belongs ...
Mister Car Wash(MCW) - 2024 Q1 - Quarterly Results
2024-05-01 20:08
Exhibit 99.1 Mister Car Wash Announces First Quarter 2024 Financial Results Net revenues increased 6% Comparable-store sales increased 0.9% Unlimited Wash Club® ("UWC") memberships increased 5% year-over-year Opened six new greenfield locations Reiterating previously provided Fiscal 2024 outlook figures Tucson, Ariz., May 1, 2024 – Mister Car Wash, Inc. (the "Company") (NYSE: MCW), the nation's largest car wash brand, today announced its financial results for the quarter ended March 31, 2024. "Our overall r ...
PTVE vs. MCW: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-29 16:45
Investors with an interest in Consumer Services - Miscellaneous stocks have likely encountered both Pactiv Evergreen Inc. (PTVE) and Mister Car Wash (MCW) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate ...
Mister Car Wash Shines In Profitability, While Shares Appear Fairly Valued
Seeking Alpha· 2024-04-20 08:43
tirc83/E+ via Getty Images Investment Thesis Mister Car Wash (NYSE:MCW) is the largest publicly traded machine car wash operator in the U.S. Since the early 2000s, the firm has grown rapidly to become a nationwide chain of wash centres. Since their IPO, profitability has failed to match lofty valuations. However, solid fiscal improvements in 2023 have coincided with a much fairer share price which, given a base-case outlook for 2024, may suggest a 15% undervaluation in shares. Nevertheless, significant ...
Mister Car Wash(MCW) - 2023 Q4 - Annual Report
2024-02-23 11:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From ___to___ Commission File Number 001-40542 Mister Car Wash, Inc. (Exact name of Registrant as specified in its Charter) Delaware 47-1393909 (State or other jurisdic ...
Mister Car Wash(MCW) - 2023 Q4 - Earnings Call Transcript
2024-02-22 01:26
Mister Car Wash, Inc. (NYSE:MCW) Q4 2023 Earnings Conference Call February 21, 2024 4:30 PM ET Company Participants John Lai - Chairperson and Chief Executive Officer Jedidiah Gold - Chief Financial Officer Conference Call Participants Peter Keith - Piper Sandler Justin Kleber - Baird John Heinbockel - Guggenheim Jason Haas - Bank of America Phillip Blee - William Blair Michael Lasser - UBS Tristan Thomas-Martin - BMO Capital Markets Christian Carlino - JPMorgan Simeon Gutman - Morgan Stanley Operator Good ...
Mister Car Wash(MCW) - 2023 Q4 - Annual Results
2024-02-21 21:12
Mister Car Wash Announces Fourth Quarter and Fiscal Year 2023 Financial Results Net revenues increased 7.4% during the quarter Comparable-store sales increased 0.7% during the quarter Unlimited Wash Club memberships increased 10.3% Opened a record 35 new greenfield locations in 2023 Provides Fiscal 2024 Initial Outlook Tucson, Ariz., February 21, 2024 – Mister Car Wash, Inc. (the "Company") (NYSE: MCW), the nation's largest car wash brand, today announced its financial results for the quarter and fiscal yea ...
Mister Car Wash(MCW) - 2023 Q3 - Earnings Call Transcript
2023-11-04 13:12
Mister Car Wash, Inc. (NYSE:MCW) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants John Lai - Chairperson, Chief Executive Officer Jed Gold - Chief Financial Officer Conference Call Participants Michael Kessler - Morgan Stanley Justin Kleber - Baird John Heinbockel - Guggenheim Michael Lasser - UBS Randy Konik - Jefferies Chris O'Cull - Stifel Tristan Thomas-Martin - BMO Capital Markets Operator Good afternoon, and welcome to Mister Car Wash's Conference Call to Discuss Finan ...