Investing.com - KeyCorp (NYSE:KEY) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
KeyCorp announced earnings per share of $0.61 on revenue of $1.75B. Analysts polled by Investing.com anticipated EPS of $0.4739 on revenue of $1.68B.
KeyCorp shares are up 9% from the beginning of the year, still down 6.33% from its 52 week high of $21.80 set on February 25. They are under-performing the S&P 500 which is up 10.84% 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 April 14, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.1 on revenue of $30.49B.
UnitedHealth had beat expectations on Thursday with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.39 on revenue of $69.07B.
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