---
title: "Signet Analysts Increase Their Forecasts After Better-Than-Expected Q2 Earnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298612376.md"
description: "Signet Jewelers beat Q2 EPS estimates and raised FY27 adjusted EPS guidance, but missed sales expectations. Shares fell 5.4% to $96.94. Analysts from B of A Securities and UBS raised their price targets to $115 and $136 respectively, maintaining Neutral and Buy ratings."
datetime: "2026-09-10T14:24:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298612376.md)
  - [en](https://longbridge.com/en/news/298612376.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298612376.md)
generator: "portal-rs"
---

# Signet Analysts Increase Their Forecasts After Better-Than-Expected Q2 Earnings

**Signet Jewelers Ltd** (NYSE:SIG) on Wednesday reported better-than-expected second-quarter earnings and raised its FY27 adjusted EPS guidance.

Signet Jewelers reported quarterly earnings of $2.19 per share which beat the analyst consensus estimate of $1.74 per share. The company reported quarterly sales of $1.528 billion which missed the analyst consensus estimate of $1.530 billion.

Signet raised its fiscal 2027 adjusted EPS guidance to $10.45-$12.15 from $9.20-$11.00, compared with the $10.82 estimate. It maintained sales guidance of $6.7 billion-$6.9 billion versus the $6.841 billion estimate.

For the third quarter, Signet expects sales of $1.37 billion-$1.41 billion versus the $1.393 billion estimate. It expects same-store sales to range from a 1% decline to 2% growth.

Joan Hilson, Chief Operating and Financial Officer, said, “We delivered operating margin expansion this quarter reflecting comp growth and spend discipline. In early September, we proactively renewed our consumer credit agreement which is expected to deliver further margin expansion over time and provide meaningful enhancements to the customer experience.”

Signet shares fell 5.4% to trade at $96.94 on Thursday.

These analysts made changes to their price targets on Signet following earnings announcement.

-   B of A Securities analyst Lorraine Hutchinson maintained the stock with a Neutral and raised the price target from $102 to $115.
-   UBS analyst Mauricio Serna maintained the stock with a Buy and raised the price target from $122 to $136.

**Considering buying SIG stock? Here’s what analysts think:**

*Photo via Shutterstock*

### Related Stocks

- [SIG.US](https://longbridge.com/en/quote/SIG.US.md)
- [UBS.US](https://longbridge.com/en/quote/UBS.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**