Signet Jewelers Ltd reports results for the quarter ended in October - Earnings Summary

Signet Jewelers

05/12/2023 14:32

* Signet Jewelers Ltd  SIG.N  reported quarterly adjusted
earnings
of 24 cents​​ per share for the quarter ended in October, lower
than the same quarter last year, when the company reported EPS
of 74 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 18 cents per share. Wall Street
expected results to range from 11 cents to 29 cents per share.
    * Revenue fell 12.1% to $1.39 billion from a year ago;
analysts
expected $1.39 billion. 
    * Signet Jewelers Ltd's reported EPS for the quarter was 7
cents​.
    * The company reported quarterly net income of $3 million.
    * Signet Jewelers Ltd shares had risen by 18.1% this
quarter and
gained 24.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Signet
Jewelers
Ltd is $93.00 

This summary was machine generated from LSEG data December 5 at
02:31 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
 Oct. 31 2023      0.18           0.24           Beat
 Jul. 31 2023      1.45           1.55           Beat
 Apr. 30 2023      1.49           1.78           Beat
 Jan. 31 2023      5.43           5.52           Beat