KeyCorp (KEY) reported a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $603 million, or $0.64 per share. This compares with $556 million, or $0.57 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $0.57 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.4% to $1.95 billion from $1.85 billion last year.
KeyCorp earnings at a glance (GAAP) :
-Earnings (Q4): $603 Mln. vs. $556 Mln. last year.-EPS (Q4): $0.64 vs. $0.57 last year.-Analyst Estimate: $0.57-Revenue (Q4): $1.95 Bln vs. $1.85 Bln last year.
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