Signet Jewelers (SIG) Issues FY19 Earnings Guidance
Signet Jewelers (NYSE:SIG) issued an update on its FY19 earnings guidance on Thursday morning. The company provided EPS guidance of $4.15-4.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.24. The company issued revenue guidance of $6.26-6.31, compared to the consensus revenue estimate of $6.27 billion.Signet Jewelers also updated its FY 2019 guidance to $4.15-4.40 EPS.
Shares of SIG opened at $40.76 on Friday. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 6.26, a PEG ratio of 1.82 and a beta of 0.89. Signet Jewelers has a 1 year low of $33.11 and a 1 year high of $71.07. The company has a quick ratio of 0.47, a current ratio of 2.69 and a debt-to-equity ratio of 0.48.
Signet Jewelers (NYSE:SIG) last released its quarterly earnings data on Thursday, December 6th. The company reported ($1.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.08) by $0.02. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.16 billion. Signet Jewelers had a positive return on equity of 17.52% and a negative net margin of 2.84%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.05 earnings per share. Sell-side analysts anticipate that Signet Jewelers will post 4.22 earnings per share for the current fiscal year.
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Signet Jewelers Company Profile
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products in the United States, Canada, the United Kingdom, the Republic of Ireland, and the Channel Islands. Its Sterling Jewelers division operates stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, and various mall-based regional brands, as well as JamesAllen.com, an online jewelry retailer Website.
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