Signet Jewelers Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Signet Jewelers (NYSE:SIG) is expected to report lower Q1 earnings, with analysts forecasting 85 cents per share, down from $1.78 per share a year ago. The company is projected to post quarterly revenue of $1.51 billion. Recent analyst ratings include a mix of Market Perform, Overweight, Neutral, and Buy, with price targets ranging from $100 to $125.
June 12, 2024 | 2:44 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Signet Jewelers is expected to report lower Q1 earnings at 85 cents per share, down from $1.78 per share a year ago. The company is projected to post quarterly revenue of $1.51 billion. Recent analyst ratings include a mix of Market Perform, Overweight, Neutral, and Buy, with price targets ranging from $100 to $125.
The expected lower earnings per share (85 cents vs. $1.78 a year ago) and mixed analyst ratings suggest a potential negative short-term impact on the stock price. Despite some positive ratings, the overall sentiment is likely to be cautious.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100