Mister Car Wash Reiterates 2024 Outlook, Sees Revenues $988M-$1.016B vs $998.11M Est., Adj. EPS $0.30-$0.34 vs $0.32 Est.
Portfolio Pulse from Benzinga Newsdesk
Mister Car Wash has reiterated its 2024 outlook, projecting revenues between $988 million and $1.016 billion, slightly below the estimated $998.11 million. The company also forecasts adjusted EPS between $0.30 and $0.34, aligning closely with the estimated $0.32.
July 31, 2024 | 8:28 pm
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Mister Car Wash has reiterated its 2024 outlook, projecting revenues between $988 million and $1.016 billion, slightly below the estimated $998.11 million. The company also forecasts adjusted EPS between $0.30 and $0.34, aligning closely with the estimated $0.32.
The revenue projection is slightly below the estimate, which could be seen as a minor negative. However, the adjusted EPS forecast aligns closely with expectations, which may neutralize the impact. Overall, the news is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100