KeyCorp Q2 EPS $0.27 Misses $0.31 Estimate, Sales $1.59B Miss $1.63B Estimate
Portfolio Pulse from Bill Haddad
KeyCorp (NYSE:KEY) reported Q2 earnings of $0.27 per share, missing the analyst consensus estimate of $0.31 by 12.9%. This is a 50% decrease from the same period last year. The company also reported quarterly sales of $1.59 billion, missing the analyst consensus estimate of $1.63 billion by 2.15%. This is a 10.99% decrease from the same period last year.
July 20, 2023 | 10:32 am
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NEGATIVE IMPACT
KeyCorp's Q2 earnings and sales missed estimates, indicating a potential negative impact on its stock price.
KeyCorp's earnings and sales for Q2 have both missed estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100