CHICAGO (AP) — CHICAGO (AP) — Kemper Corp. (KMPR) on Monday reported a loss of $80.1 million in its first quarter.
The Chicago-based company said it had a loss of $1.25 per share. Losses, adjusted for one-time gains and costs, came to $1.02 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.13 per share.
The insurance holding company posted revenue of $1.29 billion in the period. Its adjusted revenue was $1.28 billion, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.38 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMPR at https://www.zacks.com/ap/KMPR
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