earnings
confidence high
sentiment positive
materiality 0.70
Kemper pre-announces Q1 net income $65-75M; Auto combined ratio 94.8%
KEMPER Corp
2024-Q1 EPS reported
$1.10
revenue$1,143,000,000
- Estimated net income and adjusted consolidated net operating income $65-75M.
- Kemper Auto combined ratio 94.8%; underlying combined ratio 93.6%.
- New written premium up >200% QoQ; PIF sequential decline slowed to 5.5% from 8.9%.
- Kemper Life after-tax income ~$12M; parent liquidity ~$1.1B.
- Earnings call scheduled May 1 at 5pm ET; Q1 release after market close.