KeyCorp KEY is preparing to release its quarterly earnings on Thursday, 2024-10-17. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect KeyCorp to report an earnings per share (EPS) of $0.15.
The announcement from KeyCorp is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
During the last quarter, the company reported an EPS beat by $0.01, leading to a 0.19% increase in the share price on the subsequent day.
Here's a look at KeyCorp's past performance and the resulting price change:
Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|---|
EPS Estimate | 0.15 | 0.24 | 0.22 | 0.23 | 0.27 |
EPS Actual | 0.30 | 0.25 | 0.22 | 0.25 | 0.29 |
Price Change % | 1.0% | 0.0% | 2.0% | 6.0% | -6.0% |
Tracking KeyCorp's Stock Performance
Shares of KeyCorp were trading at $19.18 as of November 12. Over the last 52-week period, shares are up 58.77%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for KeyCorp visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.