Kemper (KMPR) Tops Q3 EPS by 51c, Beats on Revenues

Kemper (NYSE: KMPR) reported Q3 EPS of $0.85, $0.51 better than the analyst estimate of $0.34. Revenue for the quarter came in at $598.2 million versus the consensus estimate of $585.77 million.

• Increased Property & Casualty earned premiums by $37 million or 9 percent in the quarter
• Improved nonstandard personal automobile’s underlying combined ratio 11.5 percentage points
• Increased net investment income 11 percent, driven by strong alternative investment returns
• Generated investment portfolio pre-tax equivalent annualized book yield of 5.8 percent in the quarter

For earnings history and earnings-related data on Kemper (KMPR) click here.

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