RTTNews | Apr 12, 2021 08:22AM EDT

08:22 Monday, April 12, 2021 (RTTNews.com) - Shares of Signet Jewelers Limited (SIG) are climbing more than 3% in pre-market trade on Monday after the company raised its first-quarter and full-year revenue guidance.

Signet currently sees first quarter revenue in the range of $1.57 billion to $1.60 billion, up from $1.42 billion to $1.46 billion guided previously. Analysts polled by Thomson Reuters expect the company to report revenue of $1.45 billion.

For the full-year, revenue is expected in the range of $6.00 billion to $6.14 billion compared with $5.85 billion to $6.00 billion provided earlier. The consensus estimate is for $5.99 billion.

SIG closed Friday's regular trade at $61.08, up 6.06%. The stock is currently at $63.

Read the original article on RTTNews ( https://www.rttnews.com/3184177/stock-alert-signet-jewelers-ticks-up-in-pre-market-after-improving-guidance.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved