KeyCorp’s Earnings Announcement: What to Expect
KeyCorp (NYSE:KEY) is on the verge of releasing its quarterly earnings, estimated to show an EPS of $0.32 and projected revenue of $1.75 billion. This announcement is anticipated on January 21, 2025.
As a major financial services company, KeyCorp competes effectively with industry leaders. The importance of this earnings report cannot be overstated, as analysts express concerns about the company meeting or exceeding estimates.
- The P/E ratio currently stands at 114.39, indicating high market expectations for growth. The price-to-sales ratio is 2.04, reflecting strong confidence in revenue generation.
- However, the enterprise value to operating cash flow ratio is notably high at 1565.66, raising questions about operational efficiency.
Despite challenges, KeyCorpโs balanced debt-to-equity ratio of 1.07 suggests a prudent approach to financing. With a current ratio of 22.38, the company shows strong potential to cover its short-term liabilities, providing a stable outlook leading into their financial release.