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Stock impact report

Kemper Reports Strong Second Quarter 2019 Operating Results

Kemper Corporation (KMPR) 
Last kemper corporation earnings: 2/10 04:05 pm Check Earnings Report
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) reported net income of $122.1 million, or $1.84 per diluted share, for the second quarter of 2019, compared to $37.6 million, or $0.73 per diluted share, for the second quarter of 2018. In the second quarter of 2019, net income included a $20.1 million after-tax gain, or $0.30 per diluted share, attributable to the change in fair value of equity and convertible securities. As adjusted for the acquisition of Infinity Property and Casualty Corporation (“as adjusted”)1, net income was $126.3 million, or $1.90 per diluted share, for the second quarter of 2019, compared to $65.4 million, or $1.00 per diluted share, for the second quarter of 2018.Adjusted consolidated net operating income1 was $91.5 million, or $1.38 per diluted share, for the second quarter of 2019, compared to $36.5 million, or $0.70 per diluted share, for the second quarter of 2018. These results increased primarily from the continued profitable growth in the Show less Read more
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