Signet Jewelers Reports Third Quarter Financial Results
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Instinet Raises Price Target on Signet Jewelers (SIG) to $100; Reiterates Buy
November 23, 2016 7:06 AM ESTInstinet reiterated a Buy rating on Signet Jewelers (NYSE: SIG), and raised the price target to $100.00 (from $95.00), following the company's 3Q earnings report. Management noted energy-region weakness drove 80bps of the comp decline, with Jared/Zales over-indexed. Recognizing ~$0.07 of absence policy harmonization, Sterling margins... More
Signet Jewelers (SIG) PT, Estimates Raised at Wells Fargo Following Better-than-Expected Q3
November 22, 2016 3:57 PM ESTWells Fargo analyst Ike Boruchow reiterated an Outperform rating and boosted estimates and his valuation range on Signet Jewelers (NYSE: SIG) to $108-$110 (from $100-$105) following were better-than-expected results and outlook.
Boruchow commented, "SIG's Q3 results were better-than-expected (both comps and EPS above guidance), and although its the smallest quarter of the year (less than 5% of annual EPS), the stabilization of... More
Signet Jewelers (SIG) Tops Q3 EPS by 10c; Comps Outpaced; Guides Q4, FY17 EPS Above Views
November 22, 2016 6:56 AM ESTSignet Jewelers (NYSE: SIG) reported Q3 EPS of $0.30, $0.10 better than the analyst estimate of $0.20. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.18 billion.
Comps fell 2.0 percent, versus a drop of 3.9 percent expected.
GUIDANCE:
Signet... More
