Rising Expectations For GameStop, Signet Jewelers Earnings - Signet Jewelers (NYSE:SIG), GameStop (NYSE:GME)

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Two specialty retailers are expected to report their latest quarterly results this week.
Consensus forecasts call for earnings growth from both companies.
And their estimates for bottom-line growth have inched up recently .

The new earnings season is a few weeks away yet. But among those taking their turns on the

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earnings stage in another quite week are specialty retailers GameStop Corp. (NYSE: GME) and Signet Jewelers Ltd. (NYSE: SIG).By and large, Wall Street analysts predict there will be modest to strong growth on the top and bottom lines for both companies. While both of them fell short of earnings expectations in the previous quarter, the consensus estimates for the most recent period have been rising for each as well.Below is a closer look at what is expected from the reports from these two companies. That is followed by a quick peek at some of the week's other most prominent earnings reports.

GameStop

When the video game and consumer electronics retailer shares its results late Thursday, the consensus forecast of Estimize calls for a profit of $2.26 per share for the fiscal fourth quarter. That would be up from earnings per share (EPS) of $2.15 in the same period of last year. It is also higher than Wall Street expectations (which are up three cents in 30 days) and the company's guidance.Revenue for the three months that ended in January will be $3.55 billion, or up more than 2 percent year over year, if the 36 survey respondents are correct. Wall Street analysts are looking for about the same result. Note that in the previous period, revenue narrowly fell short of expectations.

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Signet Jewelers

Wall Street's fiscal fourth-quarter forecast for the self-proclaimed world's largest retailer of diamond jewelry calls for earnings to have risen more than 14 percent from the year-ago period to $3.59 per share. That estimate is a penny higher than 30 days ago. And the eight Estimize respondents predict EPS will come in at $3.63.Revenue narrowly missed estimates back in the third quarter, and now Estimize respondents are looking for $2.42 billion, just a tad more than the Wall Street forecast. That would be more than 5 percent higher year over year. And the analysts also see full-year revenue up more than 14 percent to $6.59 billion. Look for the company to report its results before Thursday's opening bell.

And Others

Accenture, Centene, KB Home, Mobile TeleSystems, Nike and Red Hat are among the other companies that Wall Street analysts expect to show earnings growth this week. The consensus forecast calls for EPS at Steelcase to be the same as in the year-ago period.Earnings declines are in the works for Eldorado Gold, Finish Line, General Mills and PVH, as well as a net loss for Petrobras, if the consensus forecasts are correct.At the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.