Signet Jewelers Limited (SIG - Get Report) is expected to report net income of $14.6 million, or 25 cents a share, on sales of $1.3 billion before the market opens on Thursday, based on a FactSet survey of 6 analysts.
In the same period a year ago, the company posted earnings of 52 cents a share on sales of $1.4 billion. It reported a loss of 496.6 million.
The company offered guidance of $0.23 - $0.30 a share at the time of its last earnings report in June. Shares have fallen 36% since then.
Quarterly estimates have fallen 1.9 cents a share in the past month.
In the upcoming quarter analysts are forecasting a loss of $44.5 million, or 92 cents a share, on sales of $1.1 billion.
Signet Jewelers is currently trading at a price-to-forward-earnings ratio of 3.8 based on the 12-month estimates of 6 analysts surveyed by FactSet.
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