Kemper (KMPR - Free Report) reported $1.27 billion in revenue for the quarter ended June 2023, representing a year-over-year decline of 13.5%. EPS of -$0.26 for the same period compares to -$0.62 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.33 billion, representing a surprise of -4.47%. The company delivered an EPS surprise of +31.58%, with the consensus EPS estimate being -$0.38.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Kemper performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Insurance Expense Ratio - Preferred Property & Casualty Insurance: 29.2% versus the four-analyst average estimate of 30.4%.
- Total Incurred Loss and LAE Ratio - Specialty Property & Casualty Insurance - Commercial Automobile Insurance: 81.2% versus the two-analyst average estimate of 82%.
- Total Incurred Loss and LAE Ratio - Preferred Property & Casualty Insurance - Homeowners Insurance: 81.8% compared to the 74.1% average estimate based on two analysts.
- Combined Ratio - Preferred Property & Casualty Insurance: 112.9% versus the two-analyst average estimate of 112.97%.
- Revenues- Earned premiums: $1.17 billion versus the three-analyst average estimate of $1.23 billion. The reported number represents a year-over-year change of -13.8%.
- Revenues- Net investment income: $106.30 million versus $103.33 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.3% change.
- Revenues- Preferred Property & Casualty Insurance- Earned Premiums: $132.40 million versus $127.04 million estimated by two analysts on average.
- Revenues- Specialty Property & Casualty Insurance- Earned Premiums: $932.30 million versus the two-analyst average estimate of $979.79 million.
- Revenues- Specialty Property & Casualty Insurance- Net Investment Income: $44.50 million compared to the $38.55 million average estimate based on two analysts.
- Revenues- Specialty Property & Casualty Insurance- Total: $977.90 million versus $1.02 billion estimated by two analysts on average.
- Revenues- Specialty Property & Casualty Insurance- Earned Premiums- Personal Automobile: $766.60 million compared to the $806.63 million average estimate based on two analysts.
- Revenues- Specialty Property & Casualty Insurance- Earned Premiums- Commercial Automobile: $165.70 million compared to the $173.21 million average estimate based on two analysts.
View all Key Company Metrics for Kemper here>>>Shares of Kemper have returned +6.2% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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Kemper (KMPR - Free Report) reported $1.27 billion in revenue for the quarter ended June 2023, representing a year-over-year decline of 13.5%. EPS of -$0.26 for the same period compares to -$0.62 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.33 billion, representing a surprise of -4.47%. The company delivered an EPS surprise of +31.58%, with the consensus EPS estimate being -$0.38.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Kemper performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Insurance Expense Ratio - Preferred Property & Casualty Insurance: 29.2% versus the four-analyst average estimate of 30.4%.
- Total Incurred Loss and LAE Ratio - Specialty Property & Casualty Insurance - Commercial Automobile Insurance: 81.2% versus the two-analyst average estimate of 82%.
- Total Incurred Loss and LAE Ratio - Preferred Property & Casualty Insurance - Homeowners Insurance: 81.8% compared to the 74.1% average estimate based on two analysts.
- Combined Ratio - Preferred Property & Casualty Insurance: 112.9% versus the two-analyst average estimate of 112.97%.
- Revenues- Earned premiums: $1.17 billion versus the three-analyst average estimate of $1.23 billion. The reported number represents a year-over-year change of -13.8%.
- Revenues- Net investment income: $106.30 million versus $103.33 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.3% change.
- Revenues- Preferred Property & Casualty Insurance- Earned Premiums: $132.40 million versus $127.04 million estimated by two analysts on average.
- Revenues- Specialty Property & Casualty Insurance- Earned Premiums: $932.30 million versus the two-analyst average estimate of $979.79 million.
- Revenues- Specialty Property & Casualty Insurance- Net Investment Income: $44.50 million compared to the $38.55 million average estimate based on two analysts.
- Revenues- Specialty Property & Casualty Insurance- Total: $977.90 million versus $1.02 billion estimated by two analysts on average.
- Revenues- Specialty Property & Casualty Insurance- Earned Premiums- Personal Automobile: $766.60 million compared to the $806.63 million average estimate based on two analysts.
- Revenues- Specialty Property & Casualty Insurance- Earned Premiums- Commercial Automobile: $165.70 million compared to the $173.21 million average estimate based on two analysts.
View all Key Company Metrics for Kemper here>>>Shares of Kemper have returned +6.2% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
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