UPDATE: KeyCorp Posts Upbeat Q3 Profit
KeyCorp (NYSE: KEY) reported a 0.9% rise in its third-quarter profit.
KeyCorp's quarterly profit surged to $219 million, from $217 million, in the year-ago period. Its per-share earnings rose to $0.23 from $0.22.
KeyCorp's total revenue climbed 8.1% to $1.12 billion. However, analysts were expecting a profit of $0.21 per share on revenue of $1.03 billion.
KeyCorp shares closed at $8.41 yesterday.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.