Serve Robotics Inc reports results for the quarter ended June 30 - Earnings Summary
08/08/2025 05:25
Serve Robotics Inc SERV.OQ reported a quarterly adjusted loss of 32 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -26 cents. The mean expectation of six analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -23 cents to -18 cents per share. Revenue rose 37.1% to $642.00 thousand from a year ago; analysts expected $624.80 thousand. Serve Robotics Inc's reported EPS for the quarter was a loss of 36 cents. The company reported a quarterly loss of $20.85 million. Serve Robotics Inc shares had fallen by 8.7% this quarter and lost 22.7% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 0.4% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy" Wall Street's median 12-month price target for Serve Robotics Inc is $16.00, about 33.8% above its last closing price of $10.59 This summary was machine generated from LSEG data August 8 at 04:25 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | -0.21 | -0.32 | Missed |
| Mar. 31 2025 | -0.20 | -0.23 | Missed |
| Dec. 31 2024 | -0.18 | -0.23 | Missed |
| Sep. 30 2024 | -0.18 | -0.20 | Missed |
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