2 Financial Stocks with Key Earnings from the Week

KeyCorp (NYSE:KEY) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. Net income increased 7% to $214 million (21 cents per diluted share) in the quarter versus a net gain of $200 million in the year-earlier quarter. Revenue decreased 3.78% to $1.07 billion from the year-earlier quarter.

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KeyCorp reported adjusted net income of 21 cents per share. By that measure, the company met the mean analyst estimate of $0.21. It beat the average revenue estimate of $1.06 billion.

KEY

Janus Capital Group Inc. (NYSE:JNS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -12.61% to $31.2 million (17 cents per diluted share) in the quarter versus a net gain of $35.7 million in the year-earlier quarter. Revenue rose 0.46% to $216.6 million from the year-earlier quarter.

Janus Capital Group Inc. reported adjusted net income of 17 cents per share. By that measure, the company beat the mean analyst estimate of $0.14. It beat the average revenue estimate of $213.43 million.

JNS

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