Kemper (KMPR) Tops Q4 EPS by 4c

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Kemper Reports Strong Fourth Quarter 2020 Operating Results

February 1, 2021 4:05 PM EST

CHICAGO--(BUSINESS WIRE)-- Kemper Corporation (NYSE: KMPR) reported net income of $97.5 million, or $1.46 per diluted share, for the fourth quarter of 2020, compared to $124.7 million, or $1.85 per diluted share, for the fourth quarter of 2019. In the fourth quarter of 2020, net income included a $57.8 million after-tax gain, or $0.86 per diluted share, attributable to the change in fair value of equity and convertible securities.

Adjusted Consolidated Net Operating Income1 was $105.8 million, or $1.59 per diluted share,... More