19.10.2023 12:33:56 - dpa-AFX: KeyCorp Reveals Fall In Q3 Income, but beats estimates

WASHINGTON (dpa-AFX) - KeyCorp (KEY) reported a profit for third quarter
that decreased from last year but beat the Street estimates.

The company's earnings totaled $267 million, or $0.29 per share. This compares
with $515 million, or $0.55 per share, in last year's third quarter.

Analysts on average had expected the company to earn $0.27 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 16.9% to $1.57 billion from $1.89
billion last year.

KeyCorp earnings at a glance (GAAP) :

-Earnings (Q3): $267 Mln. vs. $515 Mln. last year.
-EPS (Q3): $0.29 vs. $0.55 last year.
-Analyst Estimates: $0.27
-Revenue (Q3): $1.57 Bln vs. $1.89 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% 0,000 0,000 13,690 13,878

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