KeyCorp's Q3 Earnings Beat, Stock Dips on Weak Asset Quality
Keyp(KEY) ZACKS·2024-10-18 01:01
KeyCorp's (KEY) third-quarter 2024 adjusted earnings from continuing operations of 30 cents per share beat the Zacks Consensus Estimate of 27 cents. Further, the bottom line reflected a 3.4% rise from the prior-year quarter. The reported quarter included the FDIC special assessment charge of $6 million, but its impact on earnings was negligible. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The stock lost 1.1% in pre-market trading on deteriorating credit quality and spread incom ...