Signet: Fiscal Q2 Earnings Snapshot

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Signet Jewelers Ltd. (SIG) on Wednesday reported fiscal second-quarter profit of $52.1 million.

On a per-share basis, the Hamilton, Bermuda-based company said it had net income of $1.33. Earnings, adjusted for one-time gains and costs, were $2.19 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.69 per share.

The jewelry company posted revenue of $1.53 billion in the period.

For the current quarter ending in October, Signet said it expects revenue in the range of $1.37 billion to $1.41 billion.

The company expects full-year earnings in the range of $10.45 to $12.15 per share, with revenue ranging from $6.7 billion to $6.9 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIG at https://www.zacks.com/ap/SIG