Core Insights - Kemper reported $1.18 billion in revenue for Q4 2024, a year-over-year increase of 1.4%, with an EPS of $1.78 compared to $0.78 a year ago, indicating strong earnings growth [1] - The revenue exceeded the Zacks Consensus Estimate by 1.30%, while the EPS surprise was 28.99% above the consensus estimate [1] Financial Performance Metrics - Total Incurred Loss and LAE Ratio for Commercial Automobile Insurance was 78%, higher than the average estimate of 73.8% [4] - Total Incurred Loss and LAE Ratio for Personal Automobile Insurance was 68.4%, better than the average estimate of 70.6% [4] - Net investment income was reported at $103 million, below the average estimate of $111.69 million, reflecting a year-over-year decline of 1.5% [4] - Earned premiums totaled $1.08 billion, slightly above the estimated $1.06 billion, marking a 1.7% increase year-over-year [4] - Specialty Property & Casualty Insurance earned premiums reached $954.80 million, exceeding the estimate of $919.42 million, with a year-over-year increase of 10.3% [4] - Specialty Property & Casualty Insurance net investment income was $49.90 million, below the average estimate of $53.04 million, but showed a year-over-year increase of 17.1% [4] - Other income from Specialty Property & Casualty Insurance was $0.90 million, below the estimate of $1.10 million, reflecting a significant year-over-year decline of 30.8% [4] - Life and Health Insurance net investment income was $45.50 million, slightly below the estimate of $46.15 million, with a year-over-year decrease of 3.4% [4] - Earned premiums for Personal Automobile Insurance were $753.30 million, exceeding the estimate of $727.77 million, with a year-over-year increase of 7.7% [4] - Earned premiums for Commercial Automobile Insurance were $201.50 million, surpassing the estimate of $191.70 million, reflecting a year-over-year increase of 21.2% [4] - Total Life and Health Insurance revenue was $141.10 million, above the estimate of $138.83 million, indicating a year-over-year increase of 7.4% [4] - Earned premiums for Life and Health Insurance were $95.20 million, exceeding the estimate of $92.63 million, with a year-over-year increase of 13.3% [4] Stock Performance - Kemper's shares returned +2.2% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Group 1 - Kemper reported quarterly earnings of $1.78 per share, exceeding the Zacks Consensus Estimate of $1.38 per share, and showing a significant increase from $0.78 per share a year ago, resulting in an earnings surprise of 28.99% [1] - The company achieved revenues of $1.18 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.30%, and showing a slight increase from $1.17 billion year-over-year [2] - Over the last four quarters, Kemper has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2 - The stock has underperformed the market, losing about 0.7% since the beginning of the year, while the S&P 500 has gained 2.7% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $1.46 on revenues of $1.21 billion, and for the current fiscal year, it is $5.99 on revenues of $5 billion [7] Group 3 - The Zacks Industry Rank indicates that the Insurance - Multi line sector is currently in the bottom 45% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - The trend of estimate revisions for Kemper is mixed, leading to a Zacks Rank 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6]

Fourth Quarter 2024 Earnings February 5, 2025 Earnings Call Presentation – 4Q 2024 Preliminary Matters Cautionary Statements Regarding Forward-Looking Information This presentation may contain or incorporate by reference information that includes or is based on forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual resul ...

Investor Supplement Fourth Quarter 2024 Caution Regarding Forward-Looking Statements This Investor Supplement may contain or incorporate by reference information that includes or is based on forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Such statements involve known and unknown ris ...

Company Overview - Kemper (KMPR) currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4][12] Price Performance - Over the past week, Kemper's shares increased by 0.52%, while the Zacks Insurance - Multi line industry rose by 2.46% [7] - In a longer time frame, Kemper's monthly price change is 12.67%, significantly outperforming the industry's 3.57% [7] - Over the past quarter, Kemper shares have risen by 13.08%, and over the last year, they have increased by 65.75%, compared to the S&P 500's gains of 7.52% and 33.61%, respectively [8] Trading Volume - The average 20-day trading volume for Kemper is 429,546 shares, which serves as a baseline for price-to-volume analysis [9] Earnings Outlook - In the last two months, three earnings estimates for Kemper have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $5.17 to $5.36 [11] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [11]

Financial Data and Key Metrics Changes - The company reported net income of $74 million, with a return on equity (ROE) of approximately 11% and an adjusted ROE of about 17% [10][15] - The underlying combined ratio for Specialty P&C improved to 91.3%, indicating a significant year-over-year improvement [10][16] - Net investment income for the quarter was $111 million, with a pre-tax equivalent annualized book yield of 4.8% [21] Business Line Data and Key Metrics Changes - Specialty Auto business generated sequential quarter policy in force (PIF) growth in the mid-single digits, with a combined ratio of 91.2% for private passenger auto and 91.8% for commercial auto [9][23] - The Life segment maintained stable underlying operating results, with strong return on capital and distributable cash flows [29] Market Data and Key Metrics Changes - The company observed increased consumer shopping behavior, leading to higher demand for its products, particularly in the Specialty Auto segment [9][11] - The company anticipates ongoing growth in California, Florida, and Texas, with expectations for smaller markets to show higher growth levels as re-expansion efforts take hold [27] Company Strategy and Development Direction - The company plans to fully retire $450 million of debt due in February, which will strengthen its balance sheet and increase financial flexibility [12][20] - The management emphasized a focus on sustainable long-term profitable growth, leveraging competitive advantages in a hard market [30][43] Management's Comments on Operating Environment and Future Outlook - Management noted that the hard market conditions are expected to persist, providing opportunities for profitable growth [9][28] - The company expressed confidence in its ability to grow profitably, despite historical patterns of reduced shopping in the second half of the year [67] Other Important Information - Total catastrophe losses for the third quarter were approximately $16 million, with minimal impact on financials from recent catastrophic events [13] - The company repurchased $25 million in shares during the quarter and has approximately $136 million of authorized share repurchases remaining [12][20] Q&A Session Summary Question: Can you provide details on the hard market conditions in different states? - Management explained that California is experiencing faster growth than Florida and Texas, which are returning to a more normal competitive dynamic [35][40] Question: How does the company plan to balance debt retirement with growth capital needs? - The company intends to retire the debt using holding company cash and investments, while maintaining sufficient capital for future growth [44][45] Question: What is the outlook for investment income? - The company expects a run rate of around $105 million to $107 million per quarter for investment income, barring significant volatility [60] Question: Are there any significant changes in the competitive environment? - Management indicated that there has not been a meaningful shift in capacity going to residual markets, but they are monitoring potential impacts from price increases [61] Question: What are the trends in frequency and severity in commercial auto? - The company reported favorable frequency trends, contributing to lower underlying combined ratios, with no significant changes in severity patterns [70][64]

Kemper (KMPR) reported $1.18 billion in revenue for the quarter ended September 2024, representing a yearover-year decline of 3.7%. EPS of $1.62 for the same period compares to -$0.44 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.12 billion, representing a surprise of +5.00%. The company delivered an EPS surprise of +24.62%, with the consensus EPS estimate being $1.30. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Third Quarter 2024 Earnings October 30, 2024 KEMPER Earnings Call Presentation – 3Q 2024 Preliminary Matters Cautionary Statements Regarding Forward-Looking Information This presentation may contain or incorporate by reference information that includes or is based on forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual ...

Kemper (KMPR) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to loss of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.62%. A quarter ago, it was expected that this insurance holding company would post earnings of $1.19 per share when it actually produced earnings of $1.42, delivering a surprise of 19.33%.Over the last four quarters, the com ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________________________________________ FORM 10-Q ______________________________________________________ ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended 9/30/2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period from to Commission file number 001-18298 ____________________________ ...