NYSE$KMPR

Kemper Corporation · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Kemper reported a net loss due to ongoing inflation and supply chain constraints, but profit restoration actions are beginning to offset pandemic-related reopening challenges.

Kemper Corporation reported a net loss of $94.8 million for Q1 2022, compared to a net income of $123.2 million for Q1 2021. The results were impacted by ongoing inflation and supply chain constraints, though profit restoration actions are beginning to show improvement. The company's balance sheet remains strong with over $1.2 billion in liquidity.

  • Profitability actions to improve Personal Automobile margins are taking hold despite persistent environmental headwinds.
  • Specialty and Preferred Personal Automobile both reflect 11 points of quarter over quarter Underlying Combined Ratio improvement
  • Personal Automobile policies-in-force declined, driven by focused rate and underwriting actions resulting in lower new business activity
  • Debt offerings at attractive rates provide additional flexibility and strengthen parent company liquidity to $1.2 billion

Headline financials

Total Revenue

$1.39B

Previous: $1.35B+2.7%
EPS (adj)

-$0.94

Previous: $1.31-171.8%
Book Value Per Share

$53.21

Previous: $66.74-20.3%
Net Income

-$94.8M

Previous: $123M-176.9%
Operating Income

-$82.5M

Previous: $75.9M-208.7%
Gross Profit

$235M

Previous: $463M-49.1%
Cash & Equivalents

$297M

Previous: $547M-45.7%
Total Assets

$14.6B

Previous: $14.2B+2.9%

Revenue & EPS history

Kemper · Revenue · Quarterly

$1.39B

Q1 2022+2.7%vs Q1 2021
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

Kemper · $1.26B total across 2 segments · Q1 2022

  • Specialty Property & Casualty Insurance
    $1.05B+15.8%
  • Life Insurance
    $206M-0.9%

Forward guidance

Kemper remains focused and committed in its approach to combat this environment, with continued swift execution to enable a return to target profitability and position us for long-term profitable growth.

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 2022

Historical avgQ1 2022

-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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