Earnings Prospects for Signet Jewelers

Signet Jewelers SIG is expected to release its latest quarterly earnings report on Tuesday, 12/06/2022. Here's what investors need to know ahead of the announcement.

Analysts estimate Signet Jewelers will earn earnings per share (EPS) of $0.31.

Signet Jewelers bulls are hoping to hear the company announce that it not only beat that estimate, but also provides positive indications or expected growth for the next quarter.

New investors should note that sometimes it's not an earnings overshoot or miss that most affects a stock's price, but forecasts (or forecasts). Historical Earnings Performance

Last quarter, the company beat EPS by $0.09, followed by a 4.03% decline in share price the next day.

Here is an overview of Signet Jewelers past performance and the resulting price change:

Trimester Q2 2023 Q1 2023 Q4 2022 Q3 2022 EPS estimate 2.59 2.38 5.01 0.67 Actual EPS 2.68 2.86 5.01 1.43 Price change % -4.03% -9.08% -3.6% -4.19%

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022 EPS estimate 2.59 2.38 5.01 0.67 Actual EPS 2.68 2.86 5.01 1.43 Price change % -4.03% -9.08% -3.6% -4.19% Stock performance

Signet Jewelers shares traded at $61.47 on December 1. Over the past 52-week period, shares are down 32.36%. Since these returns are typically negative, long-term shareholders are likely a little upset as we approach this earnings release.

To keep up with all Signet Jewelers earnings posts, check out their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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