CHICAGO (AP) — CHICAGO (AP) — Kemper Corp. (KMPR) on Wednesday reported first-quarter profit of $99.7 million.
The Chicago-based company said it had net income of $1.54 per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $1.65 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.
The insurance holding company posted revenue of $1.19 billion in the period.
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