US futures point to a positive open on Wednesday after yesterday's sell-off.
Earnings came in at 5 US cents per share in the quarter up from a loss of 2 US cents in the same quarter of last year, while revenues came in at US$10.3mln, beating estimates by US$3.7mln.
Signet Jewelers Ltd (NYSE:SIG) shed 9.62% to US$43.30 before the bell, as it described fiscal 2018 as a challenging year for the company.
The firm reported upbeat earnings for the fourth quarter, but issued a weak earnings forecast for full year 2019.
The price target was hiked to US$15 from US$10 too.
Net income was US$8.5mln after a loss of US$3.3mln for the same period last year.