Market Overview

Signet Jewelers Trades Higher On Q3 Sales Beat

Share:
Signet Jewelers Trades Higher On Q3 Sales Beat

Signet Jewelers (NYSE: SIG) shares are trading higher after the company reported better-than-expected third-quarter EPS and sales results. The company also issued fiscal year 2020 EPS guidance above analyst estimates.

Signet Jewelers reported quarterly losses of 76 cents per share, which beat the analyst consensus estimate by 30.28%. This is an increase over losses of $1.06 per share from the same period last year.

The company reported quarterly sales of $1.188 billion, which beat the analyst consensus estimate of $1.14 billion by 4.21%. This is a 0.34% decrease over sales of $1.192 billion the same period last year.

Signet Jewelers traded up 6.67% at $17.76 in Thursday’s pre-market session. The stock has a 52-week high of $53.90 and a 52-week low of $10.40.

Posted-In: Earnings News

 

Related Articles (SIG)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com