KeyCorp Reports First Quarter 2016 Net Income Of $182 Million, Or $.22 Per Common Share; Earnings Per Common Share Of $.24, Excluding $.02 Of Merger-Related Expense

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Go back to KeyCorp Reports First Quarter 2016 Net Income Of $182 Million, Or $.22 Per Common Share; Earnings Per Common Share Of $.24, Excluding $.02 Of Merger-Related Expense

KeyCorp (KEY) Misses Q1 EPS by 1c

April 21, 2016 6:32 AM EDT

KeyCorp (NYSE: KEY) reported Q1 EPS of $0.24, ex-items, $0.01 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.04 billion.

"While the operating environment remains challenging, our results reflect continued momentum in our core businesses and progress on our strategic initiatives," said Chairman and Chief Executive Officer Beth Mooney.... More