Signet Jewelers Ltd. (SIG) reported fourth quarter net income of $2.12 per share Thursday morning, up from $1.79 per share last year. The consensus estimate was for EPS of $2.09. First quarter EPS is expected to be between $1.07 and $1.12, compared to the consensus estimate of $1.12.
Signet Jewelers gapped open sharply higher Thursday, but was range-bound throughout the session. Shares finished up by 3.73 at $67.00 on above average volume. The stock broke out past resistance and set a new high for the year.
For comments and feedback: editorial@rttnews.com