Signet Jewelers Limited (NYSE:SIG) is set to announce second quarter earning results on Thursday 3rd September 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, SIG to report 2Q21 loss of $ 2.07 per share.
For the full year, analysts anticipate top line of $ 4540.72 million, while looking forward to loss of $ 1.96 per share bottom line.
Previous Quarter Performance
Signet Jewelers Limited reported loss for the first quarter of $ 1.59 per share, from the revenue of $ 852.10 million. The quarterly revenues reduced 40.48 percent compared with the same quarter last year. According to street consensus, SIG was expected to report 1Q21 loss of $ 2.82 per share from revenue of $ 861.74 million. The bottom line results beat street analysts by $ 1.23 or 43.62 percent, at the same time, top line results fell short of analysts by $ 9.64 million or 1.12 percent.
Stock Performance
Shares of Signet Jewelers Limited traded low $ -0.20 or -1.10 percent on Wednesday, reaching $ 18.04 with volume of 1.03 million shares. The stock opened positive for the day at $ 18.40, after closing the previous day trading at $ 18.24.
According to the previous trading day, closing price of $ 18.24, representing a 225.71 % increase from the 52 week low of $ 5.60 and a 41.98 % decrease over the 52 week high of $ 31.44.
The company has a market capital of $ 943.90 million and is part of the Consumer Cyclical sector and Luxury Goods industry.
Conference Call
Signet Jewelers Limited will be hosting a conference call at 8:30 AM eastern time on 3rd September 2020, to discuss its 2Q21 financial results with the investment community. The participants may dial, 1-888-317-6003 U.S. or +1 412-317-6061 Outside U.S., with passcode : 8856605 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website 78449.choruscall.com/dataconf/productusers/signet/mediaframe/40091/indexr.html
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. As of February 02, 2019, it operated 3,334 stores and kiosks. The company operates through three segments: North America, International, and Other.
