Signet Jewelers Limited (SIG) Issues Earnings Results
Signet Jewelers Limited (NYSE:SIG) announced its quarterly earnings data on Tuesday. The company reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.08), reports. Signet Jewelers Limited had a net margin of 7.62% and a return on equity of 20.86%. The firm had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period last year, the business posted $0.30 EPS. The company’s revenue was down 2.5% on a year-over-year basis. Signet Jewelers Limited updated its FY18 guidance to $6.10-6.50 EPS.
Shares of Signet Jewelers Limited (NYSE SIG) traded down $0.74 on Tuesday, hitting $75.84. The company’s stock had a trading volume of 2,826,000 shares, compared to its average volume of 1,755,126. The company has a market capitalization of $4,630.00, a price-to-earnings ratio of 11.45, a PEG ratio of 1.43 and a beta of 1.03. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.14 and a current ratio of 2.40. Signet Jewelers Limited has a 52-week low of $46.09 and a 52-week high of $101.46.
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Friday, October 27th will be paid a $0.31 dividend. The ex-dividend date is Thursday, October 26th. This represents a $1.24 annualized dividend and a dividend yield of 1.64%. Signet Jewelers Limited’s payout ratio is presently 20.13%.
TRADEMARK VIOLATION WARNING: “Signet Jewelers Limited (SIG) Issues Earnings Results” was posted by American Banking News and is the property of of American Banking News. If you are reading this story on another domain, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this story can be read at https://www.americanbankingnews.com/2017/11/21/signet-jewelers-limited-sig-issues-earnings-results.html.
About Signet Jewelers Limited
Signet Jewelers Limited is a retailer of diamond jewelry. The Company’s segments include the Sterling Jewelers division; the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments; the UK Jewelry division, and Other. The Sterling Jewelers division’s stores operate in the United States principally as Kay Jewelers (Kay), Kay Jewelers Outlet, Jared The Galleria Of Jewelry (Jared) and Jared Vault.
Receive News & Ratings for Signet Jewelers Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Signet Jewelers Limited and related companies with MarketBeat.com's FREE daily email newsletter.