KeyCorp Q1 Adj EPS $0.22, Inline
Portfolio Pulse from Benzinga Newsdesk
KeyCorp (NYSE:KEY) reported its Q1 adjusted earnings per share at $0.22, meeting analyst consensus estimates but marking a 26.67% decrease from the $0.30 per share reported in the same period last year.
April 18, 2024 | 10:57 am
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KeyCorp reported Q1 adjusted EPS of $0.22, meeting expectations but showing a significant decrease from last year's $0.30 per share.
The reported earnings match analyst expectations, indicating stability in KeyCorp's financial performance. However, the significant year-over-year decrease in earnings per share could concern investors about the company's growth trajectory and profitability, potentially leading to a negative short-term impact on the stock price.
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