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Kemper: 1Q Earnings Snapshot

CHICAGO (AP) _ Kemper Corp. (KMPR) on Monday reported first-quarter net income of $53.8 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Chicago-based company said it had net income of $1.02. Earnings, adjusted for one-time gains and costs, were $1.10 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.

The insurance holding company posted revenue of $693 million in the period.

Kemper shares have declined 11 percent since the beginning of the year. The stock has increased 56 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMPR at https://www.zacks.com/ap/KMPR