Kemper Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags
Kemper (NYSE:KMPR) Full Year 2022 Results
Key Financial Results
Revenue: US$5.58b (down 3.7% from FY 2021).
Net loss: US$301.2m (loss widened by 150% from FY 2021).
US$4.72 loss per share (further deteriorated from US$1.88 loss in FY 2021).
KMPR Profitability Indicators
Combined ratio: 108.2% (down from 110.6% in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kemper Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 59%.
Looking ahead, revenue is expected to decline by 1.3% p.a. on average during the next 2 years, while revenues in the Insurance industry in the US are expected to grow by 5.3%.
Performance of the American Insurance industry.
The company's shares are up 9.2% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Kemper that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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