Gear Up for KeyCorp (KEY) Q4 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts forecast that KeyCorp (KEY) will report quarterly earnings of $0.38 per share, indicating no change from the previous year, with anticipated revenues of $1.94 billion, reflecting a 10.3% increase compared to the year-ago quarter [1] Earnings Estimates - The consensus EPS estimate has been revised 0.9% higher over the last 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong relationship between earnings estimate revisions and short-term stock performance [3] Key Metrics Projections - Analysts project the 'Cash Efficiency Ratio (non-GAAP)' to reach 63.7%, a significant improvement from 141.3% reported in the same quarter last year [5] - The 'Average balance - Total earning assets' is expected to be $171.65 billion, slightly up from $171.37 billion reported in the same quarter last year [5] - 'Book value at period end' is forecasted to be $16.09, up from $14.21 in the same quarter last year [6] - The consensus estimate for 'Leverage Ratio' is 10.3%, compared to 10.1% in the same quarter of the previous year [6] - The 'Tier 1 Risk-based Capital Ratio' is estimated at 13.5%, down from 13.7% a year ago [6] Asset Quality and Income Projections - 'Nonperforming assets - Total' is expected to be $689.42 million, down from $772.00 million reported in the same quarter last year [7] - The 'Total Risk-based Capital Ratio' is projected to be 15.7%, compared to 16.2% a year ago [7] - 'Nonperforming loans at period-end' are expected to be $690.75 million, down from $758.00 million in the same quarter last year [8] - 'Corporate services income' is projected to reach $67.45 million, slightly down from $69.00 million a year ago [8] - 'Trust and investment services income' is expected to be $153.80 million, up from $142.00 million reported in the same quarter last year [9] - 'Investment banking and debt placement fees' are estimated at $230.12 million, compared to $221.00 million a year ago [9] - 'Service charges on deposit accounts' are expected to be $74.13 million, up from $65.00 million in the previous year [10] Stock Performance - Over the past month, KeyCorp shares have recorded returns of +1.3%, compared to the Zacks S&P 500 composite's +2.1% change, with a Zacks Rank 2 (Buy) indicating potential outperformance in the upcoming period [11]