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Barchart
Barchart
Kritika Sarmah

KeyCorp’s Q2 2024 Earnings: What to Expect

Key KeyCorp

Ohio-based KeyCorp (KEY), with a market cap of $13.5 billion, provides a diverse range of services, including commercial and retail banking, leasing, investment management, consumer finance, and investment banking across various states. Through its advisors and subsidiaries, it offers personal and corporate trust services, financial services, mutual fund access, cash management, capital markets, and international banking. The company is expected to announce its fiscal Q2 earnings results on Thursday, Jul. 18. 

Ahead of the event, analysts expect KEY to report a profit of $0.25 per share, down 7.4% from $0.27 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in two of the past four quarters and missed on two occasions. It reported an EPS of $0.22 in the latest quarter, 4.4% below the consensus estimate.

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