Market News

Signet Surges on Impressive Q3

Shares of diamond jewelry stores operator Signet Jewelers (NYSE:SIG) are soaring higher today on the back of its strong third-quarter performance.

Revenue rose 6.7% year-over-year to $1.6 billion, outperforming estimates by $90 million. Further, EPS at $0.74 comfortably glittered past expectations by $0.42.

Looking ahead, for fiscal 2023, Signet anticipates top-line landing between $7.77 billion and $7.84 billion (previous estimate between $7.60 billion and $7.70 billion).

EPS is seen hovering between $11.40 and $12 (previous estimates between $10.98 and $11.57).

Analysts currently have a Hold consensus rating on the stock based on two unanimous Holds.

Read full Disclosure

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More