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Sep 30, 2020
Kemper Q3 2020 Earnings Report
Kemper reported strong third quarter operating results driven by diversified operations and disciplined execution.
Key Takeaways
Kemper Corporation reported a net income of $122.3 million for the third quarter of 2020, compared to $129.0 million for the third quarter of 2019. Adjusted Consolidated Net Operating Income was $90.9 million, compared to $130.0 million in the prior year. The company's Specialty P&C earned premiums increased by $88 million, and policies-in-force grew approximately 8%.
Diversified operations combined stable cash flow with lower required capital to create a cost advantage.
Specialty P&C earned premiums increased by $88 million or 11%, and policies-in-force grew ~8%.
Capital position provides significant financial flexibility, enhanced by senior notes offering.
Healthy balance sheet enables Kemper to deliver on promises and make appropriate investments.
Revenue by Segment
Forward Guidance
Kemper is focused on taking advantage of emerging organic growth opportunities, extending and diversifying the capital ladder and bringing the company within our long-term debt-to-capital range of 17%-22%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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