KeyCorp: Q2 Earnings Insights

Shares of KeyCorp KEY moved higher by 1.8% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 63.64% year over year to $0.16, which beat the estimate of $0.08.

Revenue of $1,717,000,000 rose by 6.58% from the same period last year, which beat the estimate of $1,600,000,000.

Guidance

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

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

Details Of The Call

Date: Jul 22, 2020

Time: 09:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/key/mediaframe/39133/indexr.html

Price Action

Company's 52-week high was at $20.52

Company's 52-week low was at $7.45

Price action over last quarter: Up 14.25%

Company Profile

With assets over $145 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.