Kemper Corporation (NYSE:KMPR) is reporting third quarter financial results on Monday 2nd November 2020, after market close.
According to analysts surveyed by Thomson Reuters, KMPR is expected to report 3Q20 income of $ 0.99 per share from revenue of $ 1166.47 million.
For the full year, analysts anticipate top line of $ 4597.70 million, while looking forward to income of $ 6.18 per share bottom line.
Previous Quarter Performance
Kemper Corporation reported income for the second quarter of $ 1.20 per share, from the revenue of $ 1,231.00 million. The quarterly earnings dropped 13.04 percent compared with the same quarter last year. According to street consensus, KMPR was expected to report 2Q20 income of $ 1.03 per share from revenue of $ 1101.40 million. The bottom line results beat street analysts by $ 0.17 or 16.50 percent, at the same time, top line results outshined analysts by $ 129.60 million or 11.77 percent.
Stock Performance
On Friday, shares of Kemper Corporation has traded high as $ 63.03 and has cracked $ 61.07 on the downward trend, reaching $ 61.66 with volume of 177.60 thousand shares.
According to the previous trading day, closing price of $ 61.66, representing a 16.09 % increase from the 52 week low of $ 53.81 and a 27.11 % decrease over the 52 week high of $ 85.70.
The company has a market capital of $ 4.03 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Recent Analyst recommendations
- On 19th October 2020, maintained by Raymond James at Strong Buy rating, with $ 85.00 target price.
Recent Stock Dividend Announcement
On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.30 per share to holders of record as of the close of business on August 17, 2020, with payment date of August 31, 2020 and ex-dividend date on August 14, 2020.
Conference Call
Kemper Corporation will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kemper.com
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. It operates through three segments: Preferred Property & Casualty Insurance, Specialty Property & Casualty Insurance, and Life and Health Insurance. The company provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.
