Recap: Mister Car Wash Q2 Earnings

Mister Car Wash MCW reported its Q2 earnings results on Thursday, August 11, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Mister Car Wash missed estimated earnings by 8.33%, reporting an EPS of $0.11 versus an estimate of $0.12.

Revenue was up $28.08 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 6.52% drop in the share price the next day.

Here's a look at Mister Car Wash's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.11	0.08	0.10	0.09
EPS Actual	0.11	0.10	0.11	0.14
Revenue Estimate	214.62M	188.68M	188.16M	193.20M
Revenue Actual	219.42M	191.46M	194.31M	197.08M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Mister Car Wash management provided guidance for FY 2022, expecting earnings between $0.36 and $0.39 per share.

To track all earnings releases for Mister Car Wash visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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