Stock Alert: Signet Jewelers Stock Rise 25% On Upbeat Q4

(RTTNews) - Shares of Signet Jewelers Ltd. (SIG) are soaring over 25% in pre-market today, after the company reported upbeat Q4 results.

The company's Q4 GAAP net income was $3.14 per share compared to a loss of $2.25 per share last year. Non-GAAP earnings were $3.67 per share versus $3.96 per share in the prior year period. Revenue for the quarter edged down to $2.153 billion from the previous year's revenue of $2.155 billion. Wall Street analysts expected earnings of $3.47 per share on revenue of $2.12 billion for the quarter.

The stock has been trading in the range of $5.60 - $31.44 for the past one year, and closed Wednesday's trade at $7.33, up 73 cents or 11.06%. SIG is currently trading at $9.18, up $1.85 or 25.24% in the pre-market trading session.