KeyCorp's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
KeyCorp (NYSE:KEY) is scheduled to release its quarterly earnings report on January 18, 2024. Analysts predict an EPS of $0.23. Investors are looking for an earnings beat and positive guidance for future growth. Historically, KeyCorp's stock price has been sensitive to earnings performance and guidance rather than just meeting or beating estimates. Last quarter, KeyCorp exceeded EPS estimates but saw a 6.34% decline in share price the following day. Over the past year, KeyCorp shares have decreased by 16.53%, indicating a bearish sentiment among long-term shareholders.
January 17, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
KeyCorp is expected to report an EPS of $0.23 in its upcoming earnings. Historical data shows stock price reactions to earnings performance and guidance. Shares have declined over the past year, reflecting a bearish sentiment.
The short-term impact on KeyCorp's stock price will likely hinge on whether the company can exceed the EPS estimate and provide strong future guidance. Historical trends show that the stock is sensitive to these factors. However, given the mixed historical price reactions and the overall bearish sentiment from the past year's performance, the impact score is neutral, as it is uncertain how the market will react to the earnings report.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100