Kemper Corp (KMPR) Releases Earnings Results, Beats Expectations By $0.23 EPS

Kemper Corp (KMPR) reported quarterly earnings results on Thursday, Aug-4-2016. The company said it had a profit of $0.08 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.23. Analysts had a consensus of $-0.15. The company posted revenue of $627.20 million in the period, compared to analysts expectations of $610.01 million. The company’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

Many Wall Street Analysts have commented on Kemper Corp. Kemper Corp was Downgraded by Sandler O’Neill to ” Hold” on May 9, 2016.

Kemper Corp closed down -0.1 points or -0.30% at $33.74 with 90,427 shares getting traded on Tusday. Post opening the session at $33.76, the shares hit an intraday low of $33.66 and an intraday high of $34.13 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Feb 23, 2016, George N Cochran (director) purchased 500 shares at $27.10 per share price. According to the SEC, on Feb 19, 2016, Robert Joseph Joyce (director) purchased 2,000 shares at $25.61 per share price. On Aug 20, 2015, John Michael Boschelli (VP & Chief Investment Officer) sold 5,000 shares at $38.25 per share price, according to the Form-4 filing with the securities and exchange commission.

Kemper Corporation (Kemper) is a diversified insurance holding company with subsidiaries that provide automobile homeowners life health and other insurance products to individuals and businesses. Through its subsidiaries the Company is engaged in the property and casualty insurance and life and health insurance businesses. It operates in two segments. The Property & Casualty Insurance segment’s products include personal automobile insurance both standard and nonstandard risks homeowners insurance other personal insurance and commercial automobile insurance. These products are primarily distributed through independent agents employer-sponsored voluntary benefit programs and other affinity relationships. The Life & Health Insurance segment’s products include individual life accident health and property insurance. These products are distributed by career agents employed by the Company as well as exclusive and non-exclusive independent agents and brokers.

Kemper Corp

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