Keycorp Earnings Preview: Can This Streak Continue?

Keycorp (NYSE:KEY) will report earnings before markets open on Thursday, July 18th. KeyCorp is a financial services holding company. The Company provides a wide range of retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services to individual, corporate and institutional clients.

Here is your Cheat Sheet to Keycorp Earnings:

Earnings Expectations: Analysts expect earnings of $0.20 per share on revenues of $1.02 billion. Currently, the company’s P/E ratio stands at 12.81.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.23 to a profit $0.22. For the current year, the average estimate is a profit of $0.87, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Keycorp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 6,499 5,830 5,362 4,697 4,672
Diluted EPS ($) -3.36 -2.34 0.44 0.87 0.89

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 1,147.00 1,215.00 1,154.00 1,092.00
Diluted EPS ($) 0.24 0.23 0.21 0.21

Past Performance:
Keycorp has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]