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Thursday, April 20, 2017

=KeyCorp (KEY) reported earnings on Thur 20 Apr 2017 (b/o)




KeyCorp beats by $0.04, beats on revs :
  • Reports Q1 (Mar) earnings of $0.32 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus of $0.28; revenues rose 44.4% year/year to $1.51 bln vs the $1.47 bln Capital IQ Consensus. 
  • Average loans were $86.1 billion for the first quarter of 2017, an increase of $26 billion compared to the first quarter of 2016, primarily reflecting the impact of the First Niagara acquisition and growth in commercial and industrial loans.

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