Recap: KeyCorp Q1 Earnings

Shares of KeyCorp KEY fell 0.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 408.33% year over year to $0.61, which beat the estimate of $0.48.

Revenue of $1,750,000,000 higher by 19.37% from the same period last year, which beat the estimate of $1,690,000,000.

Outlook

KeyCorp hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Apr 20, 2021

Time: 10:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/key/mediaframe/44137/indexr.html

Price Action

52-week high: $21.81

Company's 52-week low was at $9.04

Price action over last quarter: Up 12.20%

Company Overview

With assets over $150 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.