Kemper Corp reports results for the quarter ended in June - Earnings Summary

Kemper

05/08/2024 22:56

* Kemper Corp  KMPR.N  reported quarterly adjusted earnings
of
$1.42​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of -26
cents.  The mean expectation of seven analysts for the quarter
was for earnings of $1.23 per share. Wall Street expected
results to range from 94 cents to $1.39 per share.
    * Revenue fell 11.4% to $1.03 billion from a year ago;
analysts
expected $977.85 million. 
    * Kemper Corp's reported EPS for the quarter was $1.16​.
    * The company reported quarterly net income of $75.4
million.
    * Kemper Corp shares had risen by 7.3% this quarter and
gained 30.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 13.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the property &
casualty
insurance peer group is also "buy"

Wall Street's median 12-month price target for Kemper Corp is
$72.00 
This summary was machine generated from LSEG data August 5 at
09:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.23           1.42           Beat
 Mar. 31 2024      1.09           1.07           Missed
 Dec. 31 2023      0.72           0.78           Beat
 Sep. 30 2023      -0.37          -0.44          Missed