Kemper reports Q3 adjusted EPS (44c), consensus 18c

Reports Q3 revenue $1.199B, consensus $1.11B. “We continue to make strong progress toward profitability against an ongoing, dynamic operating environment,” said Joseph Lacher, Jr., President, CEO and Chairman. “We are encouraged by the incremental improvements in our underlying performance. The implementation of 30 points of California specialty auto rate, along with the cumulative benefits from our other actions, are providing a tailwind for the fourth quarter and full year 2024. In addition, this quarter we advanced our strategic initiatives, which are on track to produce or exceed the intended operational and financial targets.”