Signet Jewelers Ltd reports results for the quarter ended April 30 - Earnings Summary

• Signet Jewelers Ltd SIG.N reported quarterly adjusted earnings of $1.18​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $1.11. The mean expectation of eight analysts for the quarter was for earnings of $1.03 per share. Wall Street expected results to range from 96 cents to $1.17 per share.

• Revenue rose 2% to $1.54 billion from a year ago; analysts expected $1.52 billion.

• Signet Jewelers Ltd's reported EPS for the quarter was 78 cents​.

• The company reported quarterly net income of $33.31 million.

• Signet Jewelers Ltd shares had risen by 15.1% this quarter and lost 17.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.3% 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 4 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is "hold."

• Wall Street's median 12-month price target for Signet Jewelers Ltd is $75.00

This summary was machine generated from LSEG data June 3 at 12:00 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)