18.04.2024 12:33:09 - dpa-AFX: KeyCorp Q1 Income Drops, misses estimates

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

The company's earnings totaled $183 million, or $0.20 per share. This compares
with $276 million, or $0.30 per share, in last year's first quarter.

Analysts on average had expected the company to earn $0.22 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 10.5% to $1.53 billion from $1.71
billion last year.

KeyCorp earnings at a glance (GAAP) :

-Earnings (Q1): $183 Mln. vs. $276 Mln. last year.
-EPS (Q1): $0.20 vs. $0.30 last year.
-Revenue (Q1): $1.53 Bln vs. $1.71 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 13,690 14.05.24 08:04:10 -0,188 -1,35% 13,944 14,046 13,690 13,878

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