KeyCorp Q2 2024 GAAP EPS $0.25, Inline, Sales $1.526B Beat $1.525B Estimate
Portfolio Pulse from Benzinga Newsdesk
KeyCorp (NYSE:KEY) reported Q2 2024 GAAP EPS of $0.25, meeting analyst expectations, and sales of $1.526 billion, slightly beating the $1.525 billion estimate. However, sales decreased by 4.33% compared to the same period last year.
July 18, 2024 | 10:31 am
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KeyCorp reported Q2 2024 GAAP EPS of $0.25, meeting analyst expectations, and sales of $1.526 billion, slightly beating estimates. However, sales decreased by 4.33% compared to the same period last year.
The earnings per share met expectations, and sales slightly beat estimates, which is generally neutral news. However, the year-over-year sales decline of 4.33% could be a concern for investors, balancing the overall impact to neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100