Signet Jewelers Ltd reports results for the quarter ended October 31 - Earnings Summary

Signet Jewelers

05/12/2024 13:01

* Signet Jewelers Ltd  SIG.N  reported quarterly adjusted
earnings
of 24 cents​​ per share for the quarter ended October 31,
identical to the same quarter last year.  The mean expectation
of seven analysts for the quarter was for earnings of 32 cents
per share. Wall Street expected results to range from 22 cents
to 40 cents per share.
    * Revenue fell 3.1% to $1.35 billion from a year ago;
analysts
expected $1.37 billion. 
    * Signet Jewelers Ltd's reported EPS for the quarter was 12
cents​.
    * The company reported quarterly net income of $5.4 million.
    * Signet Jewelers Ltd shares had fallen by 4.3% this
quarter and
lost 8.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 44.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories retailers peer group is also "buy"

Wall Street's median 12-month price target for Signet Jewelers
Ltd is $110.00 
This summary was machine generated from LSEG data December 5 at
01:00 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 2024      0.32           0.24           Missed
 Jul. 31 2024      1.14           1.25           Beat
 Apr. 30 2024      0.85           1.11           Beat
 Jan. 31 2024      6.37           6.73           Beat