Serve Robotics Inc reports results for the quarter ended March 31 - Earnings Summary
08/05/2025 22:02
Serve Robotics Inc SERV.OQ reported a quarterly adjusted loss of 23 cents per share for the quarter ended March 31. The mean expectation of four analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -23 cents to -18 cents per share. Revenue was $440.00 thousand; analysts expected $486.67 thousand. Serve Robotics Inc's reported EPS for the quarter was a loss of 23 cents. The company reported a quarterly loss of $13.22 million. Serve Robotics Inc shares had risen by 4.2% this quarter and lost 55.6% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 13.9% 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 5 "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 This summary was machine generated from LSEG data May 8 at 09:01 p.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 |
| Mar. 31 2025 | -0.20 | -0.23 | Missed |
| Dec. 31 2024 | -0.18 | -0.23 | Missed |
| Sep. 30 2024 | -0.18 | -0.20 | Missed |
| Jun. 30 2024 | -0.25 | -0.26 | Missed |
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