Kemper (KMPR) Tops Q4 EPS by 5c

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Go back to Kemper (KMPR) Tops Q4 EPS by 5c

Kemper Reports Strong Fourth Quarter and Full Year 2019 Operating Results

February 10, 2020 4:05 PM EST

CHICAGO--(BUSINESS WIRE)-- Kemper Corporation (NYSE: KMPR) reported net income of $124.7 million, or $1.85 per diluted share, for the fourth quarter of 2019, compared to $6.5 million, or $0.10 per diluted share, for the fourth quarter of 2018. In the fourth quarter of 2019, net income included a $30.9 million after-tax gain, or $0.46 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 Corporation (as adjusted)1, net income was $129.1 million, or $1.92 per diluted share, for... More