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Signet: Fiscal 4Q Earnings Snapshot

HAMILTON, Bermuda (AP) _ Signet Jewelers Ltd. (SIG) on Wednesday reported a fiscal fourth-quarter loss of $107.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of $2.25. Earnings, adjusted for asset impairment costs and pretax expenses, were $3.96 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.77 per share.

The jewelry company posted revenue of $2.15 billion in the period.

For the year, the company reported a loss of $657.4 million, or $12.62 per share, swinging to a loss in the period. Revenue was nearly unchanged at $6.25 billion.

For the current quarter ending in May, Signet expects its results to range from a loss of 28 cents per share to a loss of 17 cents per share.

The company expects full-year earnings in the range of $2.87 to $3.45 per share, with revenue ranging from $6 billion to $6.1 billion.

Signet shares have declined 13 percent since the beginning of the year. The stock has declined 23 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIG at https://www.zacks.com/ap/SIG