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Signet stock jumps after third-quarter earnings beat and guidance raised
Signet Jewelers Ltd. shares jumped 4.4% in Thursday premarket trading after the jewelry retailer reported third-quarter earnings that beat expectations and raised its full-year guidance. Net income totaled $83.9 million, or $1.45 per share, up from $900,000, or 2 cents per share, last year. Adjusted EPS of $1.43 was well ahead of the FactSet consensus for 72 cents per share. Sales of $1.538 billion were up from $1.300 billion last year and ahead of the FactSet consensus for $1.427 billion. Same-