18.01.2024 12:36:27 - dpa-AFX: KeyCorp Bottom Line Drops In Q4, misses estimates

WASHINGTON (dpa-AFX) - KeyCorp (KEY) announced a profit for fourth quarter
that decreased from the same period last year and missed the Street estimates.

The company's earnings totaled $30 million, or $0.03 per share. This compares
with $356 million, or $0.38 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.23 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 18.9% to $1.54 billion from $1.90
billion last year.

KeyCorp earnings at a glance (GAAP) :

-Earnings (Q4): $30 Mln. vs. $356 Mln. last year.
-EPS (Q4): $0.03 vs. $0.38 last year.
-Analyst Estimates: $0.23
-Revenue (Q4): $1.54 Bln vs. $1.90 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
KEYCORP DL 1 869353 Frankfurt 13,624 29.04.24 08:17:53 +0,106 +0,78% 13,666 13,824 13,624 13,518

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