KEY Earnings Prediction
The chart below shows how KEY performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KEY sees a -1.49% change in stock price 10 days leading up to the earnings, and a +2.44% change 10 days following the report. On the earnings day itself, the stock moves by -2.33%. This data can give you a slight idea of what to expect for the next quarter's release.
KEY Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
733.00M
-48.27%
30.20%
Gross Margin
--
--
--
Operating Margin
-56.34%
-1501.49%
-37.32%
Net Margin
-38.06%
-929.19%
-47.86%
EPS
-0.28
-1033.33%
-40.43%
No Data Available
KEY Earnings Analysis
KeyCorp Corporation (KEY.N) Earnings Conference Call
Positive
Positive Adjusted EPS Growth: Adjusted EPS was a positive $0.38 after accounting for strategic securities repositioning, demonstrating strong underlying earnings potential.
Revenue Growth Analysis: Revenue increased by 11% sequentially and 16% year over year, driven by double-digit growth in both net interest income and adjusted fees.
Client Deposit Growth: Client deposit growth was robust, up 1.5% sequentially and 4% year over year, reflecting effective deposit management strategies.
Record Assets Under Management: Assets under management reached a record of approximately $61.4 billion, with the mass affluent segment adding over $500 million in the fourth quarter alone.
Capital Strength Improvement: The common equity Tier 1 ratio improved to 12%, positioning KeyCorp in the top quartile of its peer group, indicating strong capital strength.
Negative
EPS Loss Decline: Reported an EPS loss of $0.28 per share for Q4 2024, indicating a significant decline in profitability compared to previous quarters.
Loan Decline Analysis: Average loans declined by 1.4% sequentially, reflecting weak client demand and a strategic decision to reduce low-yielding consumer loans.
Expense Increase Analysis: Expenses increased by 12% year-over-year to $1.2 billion, driven by higher compensation and elevated other expenses, which are not expected to recur in 2025.
Net Interest Income Decline: Full year net interest income was down approximately 3.5%, primarily due to an $8 billion decline in loan balances throughout 2024.
Non-Interest Income Decline: Non-interest income was negatively impacted by securities losses, resulting in a reported non-interest income that was negative despite adjusted figures showing an 18% year-over-year increase.
KEY FAQs
How does KEY typically perform around its earnings report dates?
Is KeyCorp (KEY) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
KEY Earning Call Sentiment
Earnings call transcript: KeyCorp Q4 2024 beats EPS estimates, stock dips
KEY.N
1.35%Positive
The earnings call presented mixed signals: strong investment banking fees, stable credit quality, and positive deposit growth were offset by a reported EPS loss and uncertain market conditions. The Q&A revealed cautious optimism about loan and deposit growth, but management's reluctance to provide clear guidance on capital targets raises concerns. The absence of a shareholder return plan and a focus on maintaining capital position further contribute to a neutral outlook. Given these factors, the stock price is likely to remain stable over the next two weeks, with no significant catalysts for upward or downward movement.
