Mister Car Wash Q2 Adj EPS $0.08 Misses $0.09 Estimate, Sales $236.89M Miss $241.78M Estimate
Portfolio Pulse from bharat@benzinga.com
Mister Car Wash (NYSE:MCW) reported Q2 earnings of $0.08 per share, missing the analyst consensus estimate of $0.09 by 11.11%. This is a 27.27% decrease from the same period last year. The company also reported quarterly sales of $236.89 million, missing the analyst consensus estimate of $241.78 million by 2.02%. However, this is a 5.21% increase from the same period last year.
August 04, 2023 | 2:21 pm
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NEGATIVE IMPACT
Mister Car Wash's Q2 earnings and sales missed estimates, which could negatively impact the stock in the short term.
Mister Car Wash reported lower than expected earnings and sales for Q2. This miss could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100