KeyCorp reports results for the quarter ended September 30 - Earnings Summary
KeyCorp reports results for the quarter ended September 30 - Earnings Summary
KeyCorp KEY.N reported quarterly adjusted earnings of 51 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 45 cents to 49 cents per share.
Revenue rose 8.3% to $2.05 billion from a year ago; analysts expected $2.05 billion.
KeyCorp's reported EPS for the quarter was 51 cents.
The company reported quarterly net income of $537 million.
KeyCorp shares had fallen by 0.7% this quarter and lost 3.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.4% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for KeyCorp is $24.30, about 18% above its last closing price of $19.92
This summary was machine generated from LSEG data October 20 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 0.47 | 0.51 | Beat |
Jun. 30 2026 | 0.42 | 0.44 | Beat |
Mar. 31 2026 | 0.41 | 0.44 | Beat |
Dec. 31 2025 | 0.39 | 0.41 | Beat |
Recent news on KeyCorp
See all newsBrief: Scotiabank Announces Expected Contribution From Keycorp's Third Quarter Earnings And The Impact Of Deferred Tax Asset Write-Down From The Chile Tax Rate Reduction, On Its Fourth Quarter Earnings
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KeyCorp reports results for the quarter ended September 30 - Earnings Summary
KeyCorp Q3 revenue rises 8% to record, profit up 24%
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