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Signet Jewelers (NYSE:SIG) releases its next round of earnings this Thursday, September 5. Here's Benzinga's essential guide to Signet Jewelers's Q2 earnings report.
Earnings and Revenue
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Based on Signet Jewelers management projections, analysts predict EPS of 24 cents on revenue of $1.34 billion.
If the company were to match the consensus estimate when it reports Thursday, EPS would have fallen 53.85%. Sales would have fallen 5.63% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 |
| EPS Estimate | -0.220 | 3.82 | -1.08 | 0.21 |
| EPS Actual | 0.080 | 3.96 | -1.06 | 0.52 |
Stock Performance
Over the last 52-week period, shares of Signet Jewelers have declined 82.74%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Signet Jewelers stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Signet Jewelers is scheduled to hold a conference call at 8:30 a.m. ET and can be accessed here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.