=Signet Jewelers (SIG) reported earnings on Thur 9 March 17 (b/o)

HAMILTON, Bermuda (AP) _ Signet Jewelers Ltd. (SIG) on Thursday reported fiscal fourth-quarter net income of $287.8 million.

On a per-share basis, the Hamilton, Bermuda-based company said it had profit of $3.92. Earnings, adjusted for non-recurring costs, came to $4.03 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4 per share.

The jewelry company posted revenue of $2.27 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $2.36 billion.

For the year, the company reported profit of $531.3 million, or $7.08 per share. Revenue was reported as $6.41 billion.

Signet expects full-year earnings to be $7 to $7.40 per share.

Signet shares have decreased 32 percent since the beginning of the year. The stock has declined 41 percent in the last 12 months.