WASHINGTON (dpa-AFX) - Financial services company KeyCorp (KEY) said its fourth-quarter net income from continuing operations attributable to common shareholders slid to $201 million, or $0.21 per share from prior year's $292 million, or $0.33 per share, with net income attributable to Key common shareholders dropping to $194 million or $0.20 per share from $279 million or $0.32 per share a year ago. On average, 30 analysts polled by Thomson Reuters expected earnings per share of $0.20 for the quarter. Analysts' estimates typically exclude one-time items. The company added that the recent quarter's results were negatively impacted by a $24 million charge resulting from VISA's late fourth quarter announcement of a planned litigation escrow deposit. On a taxable equivalent basis, quarterly total revenue amounted to $977 million, lower than $1.16 billion in 2010, and net interest income fell to $563 million from $635 million in the previous year, whereas 19 analysts estimated revenues of $1.00 billion for the quarter.
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