-+ 0.00%
-+ 0.00%
-+ 0.00%
Kemper: Q2 Earnings Snapshot
Share
Listen to the news

CHICAGO (AP) — CHICAGO (AP) — Kemper Corp. (KMPR) on Wednesday reported a loss of $464.8 million in its second quarter.

The Chicago-based company said it had a loss of $7.90 per share. Earnings, adjusted for non-recurring costs, came to 45 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.

The insurance holding company posted revenue of $1.09 billion in the period. Its adjusted revenue was $1.12 billion, which missed Street forecasts. Three analysts surveyed by Zacks expected $1.23 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMPR at https://www.zacks.com/ap/KMPR

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending