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Benzinga
78 days

Signet Jewelers Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. SIG expects $1.04 EPS, down from $1.11 last year. 2. Projected revenue is $1.52 billion, slightly up from $1.51 billion. 3. Fourth-quarter sales fell 5.8% year-on-year but beat estimates. 4. Telsey maintains Market Perform rating; price target $62. 5. Wells Fargo raises price target from $60 to $70 with Equal-Weight rating.

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FAQ

Why Neutral?

The expected earnings decrease and modest revenue growth suggest market stability without strong upward drivers. Historical examples, like past earnings misses, led to minor stock reactions.

How important is it?

This article directly addresses upcoming earnings, which significantly influence SIG's stock price.

Why Short Term?

Earnings results can cause immediate market reactions, affecting SIG's stock price shortly after release.

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