Signet Jewelers Q1 Adj EPS $1.78 Beats $1.49 Estimate, Sales $1.67B Beat $1.65B Estimate
Portfolio Pulse from Benzinga Newsdesk
Signet Jewelers reported Q1 adjusted EPS of $1.78, beating the $1.49 estimate, and sales of $1.67B, beating the $1.65B estimate. However, this represents a 37.76% decrease in earnings and a 9.25% decrease in sales compared to the same period last year.
June 08, 2023 | 10:51 am
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Signet Jewelers' Q1 results beat estimates with adjusted EPS of $1.78 and sales of $1.67B, but showed a decrease in earnings and sales compared to last year.
Signet Jewelers' Q1 results exceeded analyst estimates, which could have a positive impact on the stock. However, the decrease in earnings and sales compared to the same period last year may offset the positive sentiment, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100