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KeyCorp (KEY), headquartered in Cleveland, Ohio, is a major financial services company offering a wide range of banking and financial solutions to consumers, small businesses, and corporate clients. With a market cap of $15.43 billion, KeyCorp operates through its primary subsidiary, KeyBank, providing innovative financial services, including lending, investment management, and payment solutions. The company is scheduled to announce its Q3 earnings before the market opens on Thursday, Oct. 17.
Ahead of the event, analysts expect KEY to report a profit of $0.28 per share, down 3.5% from $0.29 in the year-ago quarter. The company has beaten Wall Street's bottom-line estimates in three of the last four quarters while missing on another occasion.