KeyCorp 2Q Earnings Pregame Scorecard
For the last five quarters, KeyCorp (NYSE:KEY) has exceeded analyst expectations. The company will try to continue the streak when it reports its latest earnings on Thursday, July 19, 2012.
Expectations
Analysts currently expect KeyCorp to come in with earnings of 18 cents per share on revenues of $998.9 million. Analysts gave estimates ranging from 17 cents per share to 21 cents per share. Over the past three months, the average estimate has moved down from 19 cents.
Last Quarter's Results
In the first quarter, profit fell 24% to $200 million (20 cents a share) from $263 million (19 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 5% to $1.16 billion from $1.22 billion.
Stock Ratings
Analysts think investors should stand pat on KeyCorp with 12 of 23 analysts rating it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Stock Movement
Recently, the stock price has been rising Since June 4, 2012 business days the stock has risen 96 cents per share.
Company Fundamental Trends
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 19, 2012 before market open
EPS: 18 cents
Revenue Estimate: $998.9 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)