Kemper (KMPR) Tops Q1 EPS by 9c

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Go back to Kemper (KMPR) Tops Q1 EPS by 9c

Kemper Reports Strong First Quarter 2020 Operating Results

May 7, 2020 4:05 PM EDT

CHICAGO--(BUSINESS WIRE)-- Kemper Corporation (NYSE: KMPR) reported net income of $64.0 million, or $0.95 per diluted share, for the first quarter of 2020, compared to $155.3 million, or $2.35 per diluted share, for the first quarter of 2019. In the first quarter of 2020, net income included a $93.1 million after-tax loss, or $1.39 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 $68.4 million, or $1.02 per diluted share, for... More