Kemper (KMPR) Tops Q2 EPS by 17c

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Kemper Reports Strong Second Quarter 2020 Operating Results

August 3, 2020 4:05 PM EDT

CHICAGO--(BUSINESS WIRE)-- Kemper Corporation (NYSE: KMPR) reported net income of $126.1 million, or $1.91 per diluted share, for the second quarter of 2020, compared to $122.1 million, or $1.84 per diluted share, for the second quarter of 2019. In the second quarter of 2020, net income included a $56.6 million after-tax gain, or $0.86 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 $130.5 million, or $1.97 per diluted share, for the second quarter of 2020, compared to $126.3 million, or $1.90 per diluted... More