NYSE$KMPR

Kemper Corporation · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Kemper reported a decrease in net income but an increase in adjusted consolidated net operating income for Q1 2020.

Kemper Corporation reported a net income of $64.0 million, or $0.95 per diluted share, for the first quarter of 2020, compared to $155.3 million, or $2.35 per diluted share, for the first quarter of 2019. Adjusted consolidated net operating income was $162.9 million, or $2.43 per diluted share, for the first quarter of 2020, compared to $98.9 million, or $1.50 per diluted share, for the first quarter of 2019. The increase in adjusted consolidated net operating income was primarily from other income from the satisfaction of the remaining balance due on the judgment against Computer Sciences Corporation.

  • Consolidated earned premiums increased by 9 percent, or $91.6 million.
  • Specialty Property & Casualty Insurance segment’s earned premiums increased by 13 percent, or $93.2 million.
  • Kemper transitioned nearly 95 percent of its employees to remote working.
  • Kemper announced premium credit relief for auto policyholders and extended grace periods for those experiencing financial strain.

Headline financials

Total Revenue

$1.23B

Previous: $1.24B-0.6%
EPS (adj)

$2.43

Previous: $1.50+62.0%
Earned Premiums

$1.17B

No prior period
Net Income

$64M

Previous: $155M-58.8%
Operating Income

$203M

Previous: $123M+64.3%
Gross Profit

$394M

Previous: $471M-16.4%
Cash & Equivalents

$301M

Previous: $107M+181.6%
Total Assets

$12.9B

Previous: $12.2B+6.2%

Revenue & EPS history

Kemper · Revenue · Quarterly

$1.23B

Q1 2020-0.6%vs Q1 2019
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

Kemper · $1.07B total across 2 segments · Q1 2020

  • Specialty Property & Casualty Insurance
    $852M
  • Life Insurance
    $214M

Forward guidance

Kemper will remain a source of strength and stability for our stakeholders in uncertain times, and we’ll continue to be there for our customers when they need us most.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.2%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+2.3%

Avg return

30 days after

53%

36 / 68 earnings

Positive

+16.3%

Q3 2015

Best reaction

-20.1%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-8.8%-6.2%-24.7%
Q4 2025-13.1%-15.6%-17.5%
Q3 2025-0.8%-3.4%-10.1%
Q1 2025+1.6%+5.4%+3.7%
Q4 2024+1.4%-2.1%-2.9%
Q3 2024-2.0%-1.4%+12.5%
Q2 2024-9.1%-5.3%-2.1%
Q1 2024+0.1%+3.7%+2.6%
Q4 2023-4.5%+12.0%+2.8%
Q3 2023-3.4%+1.9%+4.8%
Q2 2023-6.6%-6.3%-7.4%
Q1 2023+1.8%-2.9%+2.3%
Q4 2022+5.9%+4.2%+10.3%
Q3 2022+4.5%+17.7%+20.1%
Q2 2022-8.8%-6.6%-1.7%
Q1 2022+12.1%+5.5%+12.0%
Q4 2021-10.7%-10.7%-12.2%
Q3 2021-7.9%-7.2%-15.4%
Q2 2021-2.5%-7.3%+3.8%
Q1 2021-4.7%-3.2%-8.6%
Q4 2020-0.9%+1.9%+10.2%
Q3 2020+5.4%+5.1%+24.0%
Q2 2020+3.8%+8.1%-0.9%
Q1 2020+3.3%-5.2%+15.9%
Q4 2019+0.8%-0.1%-14.0%
Q3 2019+1.4%+2.1%+1.9%
Q2 2019-10.2%-7.9%-17.8%
Q1 2019+3.9%+4.9%-2.0%
Q4 2018+4.1%+7.3%+6.2%
Q3 2018+2.2%+1.4%-3.2%
Q2 2018+6.5%+6.5%+8.7%
Q1 2018+12.9%+16.7%+29.6%
Q4 2017-7.3%+1.9%-1.9%
Q3 2017+5.5%+5.8%+14.9%
Q2 2017+13.4%+21.3%+22.0%
Q1 2017-1.6%-2.4%+4.2%
Q4 2016+5.5%+4.5%-2.8%
Q3 2016-1.5%+0.8%+13.0%
Q2 2016+12.2%+15.1%+10.4%
Q1 2016+1.5%
Q4 2015-20.1%
Q3 2015+16.3%
Q2 2015-1.9%
Q1 2015-1.7%
Q4 2014+3.3%
Q3 2014+0.1%
Q2 2014+0.1%
Q1 2014-7.3%
Q4 2013+1.7%
Q3 2013+3.1%
Q2 2013+1.5%
Q1 2013+2.6%
Q4 2012-3.7%
Q3 2012+0.9%
Q2 2012-2.0%
Q1 2012-0.5%
Q4 2011+0.3%
Q3 2011+8.3%
Q2 2011-7.5%
Q1 2010-3.0%
Q1 2011+1.5%
Q4 2010+7.3%
Q4 2008+7.3%
Q3 2009-0.4%
Q3 2010-0.4%
Q4 2009-8.9%
Q2 2009-8.9%
Q2 2010-8.9%

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