KeyCorp Fourth Quarter Earnings Sneak Peek
S&P 500 (NYSE:SPY) component KeyCorp (NYSE:KEY) will unveil its latest earnings tomorrow, Thursday, January 24, 2013. KeyCorp is a financial holding company that offers its clients retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services.
KeyCorp Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of 22 cents per share, a rise of 4.8% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 3.3% compared to last year’s 89 cents.
Past Earnings Performance: Last quarter, the company beat estimates by 2 cents, coming in at profit of 23 cents a share versus the estimate of net income of 21 cents a share. It marked the fourth straight quarter of beating estimates.
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Here’s how KeyCorp traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: