Signet Jewelers Q2 Adj. EPS $2.19 Beats $1.74 Estimate, Sales $1.528B Miss $1.530B Estimate
Signet Jewelers (NYSE:SIG) reported quarterly earnings of $2.19 per share which beat the analyst consensus estimate of $1.74 by 25.86 percent. This is a 36.02 percent increase over earnings of $1.61 per share from the
Signet made more money per share than expected, which is good, but sold slightly less jewelry than people predicted. When a company beats on earnings but misses on sales, it means they're being very careful with costs—smart, but also a sign they might be struggling to attract customers.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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