Kemper (KMPR) reported $1.18 billion in revenue for the quarter ended September 2024, representing a year-over-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 how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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:
- Specialty Property & Casualty Insurance - Commercial Automobile Insurance - Total Incurred Loss and LAE Ratio: 74.9% compared to the 74.2% average estimate based on two analysts.
- Specialty Property & Casualty Insurance - Personal Automobile Insurance - Total Incurred Loss and LAE Ratio: 69.4% versus the two-analyst average estimate of 71.5%.
- Revenues- Life and Health Insurance- Earned premiums: $100.60 million compared to the $98.29 million average estimate based on three analysts. The reported number represents a change of -1.5% year over year.
- Revenues- Specialty Property & Casualty Insurance- Earned Premiums: $919 million compared to the $858.84 million average estimate based on three analysts. The reported number represents a change of +3.2% year over year.
- Revenues- Net investment income: $111.10 million compared to the $99.24 million average estimate based on three analysts. The reported number represents a change of +36.2% year over year.
- Revenues- Specialty Property & Casualty Insurance- Other Income: $1.40 million versus $1.10 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -12.5% change.
- Revenues- Specialty Property & Casualty Insurance- Earned Premiums- Personal Automobile: $731.30 million versus $687.91 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1% change.
- Revenues- Specialty Property & Casualty Insurance- Earned Premiums- Commercial Automobile: $187.70 million versus $178.96 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +12.8% change.
- Revenues- Specialty Property & Casualty Insurance- Net Investment Income: $52 million versus the two-analyst average estimate of $47.51 million. The reported number represents a year-over-year change of +21.8%.
- Revenues- Specialty Property & Casualty Insurance- Total: $972.60 million versus the two-analyst average estimate of $915.42 million. The reported number represents a year-over-year change of +4%.
- Revenues- Earned premiums: $1.07 billion versus the two-analyst average estimate of $1.02 billion. The reported number represents a year-over-year change of -4.4%.
- Revenues- Life and Health Insurance- Net investment income: $50.30 million versus $38 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change.
Shares of Kemper have returned +4.6% over the past month versus the Zacks S&P 500 composite's +1.8% 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.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>Kemper Corporation (KMPR) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
