CHICAGO (AP) — CHICAGO (AP) — Kemper Corp. (KMPR) on Wednesday reported fourth-quarter net income of $97.4 million.
On a per-share basis, the Chicago-based company said it had net income of $1.51. Earnings, adjusted for one-time gains and costs, were $1.78 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share.
The insurance holding company posted revenue of $1.19 billion in the period. Its adjusted revenue was $1.18 billion.
For the year, the company reported profit of $317.8 million, or $4.91 per share. Revenue was reported as $4.62 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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