earnings
confidence high
sentiment positive
materiality 0.85
Kemper Q3 net income $73.7M ($1.14/share) vs year-ago loss of $146.3M
KEMPER Corp
2024-Q3 EPS reported
$3.40
revenue$3,451,800,000
- Net income $73.7M ($1.14 diluted EPS) vs net loss $146.3M ($-2.28) in Q3 2023.
- Adjusted consolidated net operating income $105.0M ($1.62/share) vs adjusted loss $27.8M ($-0.44).
- Specialty P&C underlying combined ratio 91.3%; sequential PIF growth 4.5%.
- Parent liquidity $1.3B; repurchased $25M stock; plans to retire $450M senior notes due Feb 2025.
- ROE 10.8%, adjusted ROE 16.7%; Life business strong return on capital and cash flows.