Mister Car Wash Q2 2024 Adj. EPS $0.11 Beats $0.09 Estimate, Sales $255.000M Miss $255.331M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mister Car Wash (NYSE:MCW) reported Q2 2024 adjusted EPS of $0.11, beating the $0.09 estimate, while sales of $255.000M missed the $255.331M estimate. Sales increased by 7.64% year-over-year.
July 31, 2024 | 8:27 pm
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Mister Car Wash (NYSE:MCW) reported Q2 2024 adjusted EPS of $0.11, beating the $0.09 estimate, while sales of $255.000M missed the $255.331M estimate. Sales increased by 7.64% year-over-year.
The EPS beat by 22.22% is a positive indicator and likely to boost investor confidence. However, the slight miss in sales may temper the enthusiasm. Overall, the positive EPS surprise and year-over-year sales growth should have a net positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100