Summary:
- KeyCorp (KEY, Financial) is set to announce its Q1 earnings with an expected EPS of $0.32, representing a significant year-over-year growth.
- Revenue projections for the quarter are at $1.75 billion, reflecting a 14.4% increase.
- Current analyst opinions and target prices indicate potential growth, but with prevailing uncertainty in the short term.
Anticipated Financial Performance for KeyCorp
KeyCorp (KEY) is preparing to release its first-quarter earnings on April 17th, with analysts forecasting an earnings per share (EPS) of $0.32. This figure signifies a noteworthy 45.5% increase compared to the same period last year. Revenue is also expected to rise, reaching $1.75 billion, marking a 14.4% growth. Historically, KeyCorp has exhibited mixed results concerning earnings forecasts, and recent analyst adjustments reflect more skepticism with a higher number of downward revisions.
Analyst Forecast and Price Target Insights
Wall Street analysts have provided one-year price targets for KeyCorp (KEY, Financial), with an average target price of $18.81. This range includes a high estimate of $21.00 and a low of $16.00, suggesting a potential upside of 32.66% from its current trading price of $14.18. For more detailed projections, visit the KeyCorp (KEY) Forecast page.
Brokerage Recommendations and GF Value Estimation
The consensus recommendation from 23 brokerage firms rates KeyCorp's (KEY, Financial) as "Outperform," with an average brokerage recommendation score of 2.3. The rating scale spans from 1 (Strong Buy) to 5 (Sell), reflecting moderate confidence in the stock's performance.
According to GuruFocus estimates, KeyCorp's (KEY, Financial) GF Value is projected to be $17.44 over the next year, indicating a potential upside of 22.99% from the current price of $14.18. The GF Value is a reflection of GuruFocus' assessment of the stock's fair value, derived from historical trading multiples, past growth, and future business performance predictions. Comprehensive information is available on the KeyCorp (KEY) Summary page.
