Investing.com - KeyCorp (NYSE:KEY) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
KeyCorp announced earnings per share of $0.56 on revenue of $1.85B. Analysts polled by Investing.com anticipated EPS of $0.4275 on revenue of $1.72B.
KeyCorp shares are up 11% from the beginning of the year and are trading at $18.29 , down-from-52-week-high.They are outperforming the S&P 500 which is up 2.55% from the start of the year.
KeyCorp follows other major Financial sector earnings this month
KeyCorp's report follows an earnings beat by JPMorgan on Friday, January 15, 2021, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
UnitedHealth had beat expectations on Wednesday with fourth quarter EPS of $2.52 on revenue of $65.47B, compared to forecast for EPS of $2.41 on revenue of $64.97B.
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