
The jewelry company outpaced major indexes as consensus estimates point to higher quarterly earnings and revenue year over year.
Signet shares closed at $103.38, up 1.25% in the session. The stock gained while the S&P 500 and Nasdaq each fell 0.22%, and the Dow dropped 0.66%.
Over the past month, Signet shares rose 23.5%, while the Retail-Wholesale sector fell 3.19% and the S&P 500 gained 1.4%.
Ahead of the company’s upcoming earnings report, Zacks consensus estimates call for earnings per share of $0.87 and revenue of $1.41 billion. Those figures would be increases of 38.1% and 1.15%, respectively, from the same quarter a year earlier.
This article was produced with the help of AI technology. Source: Yahoo Finance