KeyCorp Earnings Retreat In Q3

(RTTNews) - KeyCorp (KEY) revealed a profit for third quarter that declined from the same period last year.

The company's earnings came in at $386 million, or $0.39 per share. This compares with $468 million, or $0.45 per share, in last year's third quarter.

Analysts had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.9% to $1.63 billion from $1.60 billion last year.

KeyCorp earnings at a glance:

-Earnings (Q3): $386 Mln. vs. $468 Mln. last year. -EPS (Q3): $0.39 vs. $0.45 last year. -Analysts Estimate: $0.46 -Revenue (Q3): $1.63 Bln vs. $1.60 Bln last year.