Serve Robotics Inc. (SERV) reported $2.98 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 578.2%. EPS of -$0.65 for the same period compares to -$0.16 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.34 million, representing a surprise of +27.79%. The company delivered an EPS surprise of +0.51%, with the consensus EPS estimate being -$0.65.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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: 812 versus 1,074 estimated by two analysts on average.
- Revenue- Software services: $1.03 million versus the three-analyst average estimate of $0.27 million.
- Revenue- Fleet services: $1.96 million versus $1.95 million estimated by three analysts on average.
View all Key Company Metrics for Serve Robotics Inc. here>>>
Shares of Serve Robotics Inc. have returned +14.5% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Beyond Nvidia: AI's Second Wave Is Here
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
