Mister Car Wash, Inc. (MCW) shares surged 7.76% in the after-hours trading session on Wednesday, following the company's impressive fourth-quarter 2024 results and optimistic guidance for the full year 2025.
In the fourth quarter, Mister Car Wash reported revenue of $251.2 million, surpassing analysts' expectations of $248.46 million. The company also delivered adjusted earnings per share (EPS) of $0.09, exceeding the consensus estimate of $0.07.
Contributing to the strong performance was a 6.0% increase in comparable store sales during the quarter, driven by robust growth in the company's subscription-based Unlimited Wash Club (UWC) program.
Looking ahead, Mister Car Wash provided an upbeat outlook for the fiscal year 2025. The company expects revenue to range between $1.038 billion and $1.064 billion, and adjusted EPS to fall within the range of $0.43 to $0.45.
The company's positive financial results and optimistic guidance for the coming year were warmly received by investors, leading to the significant after-hours surge in Mister Car Wash's stock price.
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