CHICAGO (AP) _ Kemper Corp. (KMPR) on Thursday reported second-quarter earnings of $4 million.
The Chicago-based company said it had profit of 8 cents per share. Earnings, adjusted for non-recurring costs, were 9 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.
The insurance holding company posted revenue of $627.2 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $609.3 million.
Kemper shares have decreased nearly 8 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $34.31, a decline of 10 percent in the last 12 months.
This story was generated by Automated Insights (http://ift.tt/1nCTSu9) using data from Zacks Investment Research. Access a Zacks stock report on KMPR at http://ift.tt/1J14C2d
Keywords: Kemper, Earnings Report
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