KeyCorp (KEY) Tops Q2 Earnings and Revenue Estimates

Group 1: Earnings Performance - KeyCorp reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, and up from $0.25 per share a year ago, representing an earnings surprise of +2.94% [1] - The company posted revenues of $1.83 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.74%, compared to $1.51 billion in the same quarter last year [2] - KeyCorp has surpassed consensus EPS estimates for four consecutive quarters [2] Group 2: Stock Performance and Outlook - KeyCorp shares have increased approximately 6.7% since the beginning of the year, while the S&P 500 has gained 7.2% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $0.37 on revenues of $1.86 billion, and for the current fiscal year, it is $1.43 on revenues of $7.33 billion [7] Group 3: Industry Context - The Banks - Major Regional industry, to which KeyCorp belongs, is currently ranked in the top 11% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact KeyCorp's stock performance [5][6]