Kemper (KMPR) Tops Q1 EPS by 15c

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Go back to Kemper (KMPR) Tops Q1 EPS by 15c

Kemper Reports Strong First Quarter 2019 Operating Results

April 29, 2019 6:15 AM EDT

CHICAGO--(BUSINESS WIRE)-- Kemper Corporation (NYSE: KMPR) reported net income of $155.3 million, or $2.35 per diluted share, for the first quarter of 2019, compared to $53.8 million, or $1.02 per diluted share, for the first quarter of 2018. In the first quarter of 2019, net income included a $50.9 million after-tax gain, or $0.77 per diluted share, attributable to the change in fair value of equity and convertible securities. As adjusted for the acquisition of Infinity Property and Casualty Corporation1, net income was $153.2 million, or $2.32 per diluted share, for the first quarter of 2019, compared to $73.9... More