The headline numbers for Mister Car Wash (MCW) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Mister Car Wash (MCW) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.08 per share a year ago.
Mister Car Wash (MCW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
I recommend a hold rating for Mister Car Wash stock due to uncertainties in FY25, despite strong long-term growth prospects. MCW reported $251 million in revenue with 6% same-store sales growth and 2.3% membership growth, showing strong execution and cost management. Concerns for FY25 include weaker consumer spending, potential inflation resurgence, and lower greenfield expansion targets, impacting membership and revenue growth.
Mister Car Wash (MCW) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Mister Car Wash, Inc. reported a 9.2% revenue increase in Q4 2024, driven by new locations and a 6% rise in comparable store sales. Despite a mixed bottom line, adjusted earnings per share exceeded expectations, and profitability metrics like operating cash flow and EBITDA improved year-over-year. The company's 2025 guidance is positive, with expected revenue growth and reduced capital expenditures, focusing on new locations and operational improvements.
Mister Car Wash, Inc. (NASDAQ:MCW ) Q4 2024 Earnings Conference Call February 19, 2025 4:30 PM ET Company Participants Eddie Plank - Vice President-Investor Relations John Lai - Chairman & Chief Executive Officer Jed Gold - Chief Financial Officer Conference Call Participants John Heinbockel - Guggenheim Securities David Bellinger - Mizuho Simeon Gutman - Morgan Stanley Justin Kleber - Baird Michael Lasser - UBS Chris O'Cull - Stifel Phillip Blee - William Blair Peter Keith - Piper Sandler Tristan Thomas-Martin - BMO Capital Markets Robbie Ohmes - Bank of America Christian Carlino - JPMorgan Operator Good afternoon, and welcome to the Mister Car Wash Fourth Quarter 2024 Conference Call. At this time, all participants will be in a listen-only mode.
The headline numbers for Mister Car Wash (MCW) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Mister Car Wash (MCW) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.07 per share a year ago.
From a technical perspective, Mister Car Wash, Inc. (MCW) is looking like an interesting pick, as it just reached a key level of support. MCW's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
The mean of analysts' price targets for Mister Car Wash (MCW) points to a 25% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Mister Car Wash (MCW) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.