Signet Jewelers (NYSE:SIG) announced its quarterly earnings results on Wednesday. The company reported $2.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.96, MarketWatch Earnings reports. The business had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.62 billion. Signet Jewelers had a negative net margin of 0.32% and a positive return on equity of 13.68%. Signet Jewelers’s revenue for the quarter was up 98.2% on a year-over-year basis. During the same period last year, the company posted ($1.59) EPS.
Shares of NYSE:SIG traded up $1.66 during midday trading on Friday, hitting $71.24. The stock had a trading volume of 11,808 shares, compared to its average volume of 1,061,931. Signet Jewelers has a 12 month low of $9.70 and a 12 month high of $74.80. The company has a current ratio of 1.79, a quick ratio of 0.78 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average of $61.29. The firm has a market capitalization of $3.73 billion, a P/E ratio of -50.18 and a beta of 2.61.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 27th. Stockholders of record on Friday, July 30th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Thursday, July 29th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.01%.
Signet Jewelers Company Profile
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Jewelers, Zales Outlet, Piercing Pagoda, and Peoples Jewellers, as well as operates online through JamesAllen.com.
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