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Serve Robotics Inc. (SERV) Reports Q3 Earnings: What Key Metrics Have to Say
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For the quarter ended September 2026, Serve Robotics Inc. (SERV - Free Report) reported revenue of $2.84 million, up 310.9% over the same period last year. EPS came in at -$0.68, compared to -$0.54 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.48 million, representing a surprise of +91.3%. The company delivered an EPS surprise of +11.69%, with the consensus EPS estimate being -$0.77.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Serve Robotics Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Daily Active Robots: 917 compared to the 788 average estimate based on two analysts.
Revenue- Fleet services: $2.58 million versus $1.26 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +496.3% change.
Revenue- Software services: $0.25 million versus $0.35 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.4% change.
Shares of Serve Robotics Inc. have returned -43.1% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
View the Zacks #1 Rank List
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Serve Robotics Inc. (SERV) Reports Q3 Earnings: What Key Metrics Have to Say
For the quarter ended September 2026, Serve Robotics Inc. (SERV - Free Report) reported revenue of $2.84 million, up 310.9% over the same period last year. EPS came in at -$0.68, compared to -$0.54 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.48 million, representing a surprise of +91.3%. The company delivered an EPS surprise of +11.69%, with the consensus EPS estimate being -$0.77.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Serve Robotics Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Serve Robotics Inc. here>>>
Shares of Serve Robotics Inc. have returned -43.1% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.