Kemper Corp Down 6.94% To $43.15 After Earnings Beat

Kemper Corp (KMPR) said after close Monday that it lost $0.62 per share in quarter two 2022. The company reported earnings on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods.

On the revenue line, the company reported $1.4 billion, beating estimates by $74 million.

In the same quarter a year ago, the company lost $1.54 per share on revenue of $1.5 billion.

The stock is down 6.94% to $43.15 after the report.

Kemper Corp's profit margins took a hit as earnings fell at a faster pace than revenues.

The average recommendation from Wall Street analysts was a Hold which may get revised based on this new data.

Trading in the five days leading up to the report earned Kemper Corp a Bearish Sentiment Rank from InvestorsObserver.

Kemper Corp has performed a little below average during the past few months. Before the report, Kemper Corp received a Long-Term Technical Rank by InvestorsObserver of 26, putting it in the bottom half of stocks. The firm was recently trading at a 52-week low of $43.69 on June 22, 2022 and set a 52-week high on October 28, 2021 at $70.65.

Kemper Corp is a diversified insurance company that provides services in property and casualty insurance, along with life and health insurance. The company's property and casualty segment offers personal and commercial lines for home and automotive products. It conducts its operations through three operating segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.