07:31 AM EST, 12/05/2024 (MT Newswires) -- Signet Jewelers ( SIG ) reported fiscal Q3 adjusted earnings Thursday of $0.24 per diluted share, unchanged from a year earlier.

Analysts polled by FactSet expected $0.32.

Sales for the quarter ended Nov. 2 was $1.35 billion, down from $1.39 billion a year earlier.

Analysts surveyed by FactSet expected $1.37 billion.

Signet said it expects fiscal Q4 sales of $2.38 billion to $2.46 billion. Analysts polled by FactSet expect $2.45 billion.

The company said it now expects fiscal 2025 adjusted EPS of $9.62 to $10.08. That compares with its prior guidance of $9.90 to $11.52. Analysts surveyed by FactSet expect $10.59.

Sales for the current fiscal year are now projected to be $6.74 billion to $6.81 billion. That compares with $6.66 billion to $7.02 billion previously. Analysts polled by FactSet expect $6.82 billion.

Shares of the company were down 14% in recent Thursday premarket activity.

Price: 84.69, Change: -14.04, Percent Change: -14.22