Kemper Q2 EPS $(0.26) Beats $(0.38) Estimate, Sales $1.26B Miss $1.33B Estimate
Portfolio Pulse from totan@benzinga.com
Kemper (NYSE:KMPR) reported Q2 losses of $(0.26) per share, beating the analyst consensus estimate of $(0.38) by 31.58%. However, the company's quarterly sales of $1.26 billion missed the analyst consensus estimate of $1.33 billion by 5.25%. This represents a 58.06% increase in losses and a 11.92% decrease in sales compared to the same period last year.
August 07, 2023 | 8:13 pm
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Kemper's Q2 results showed mixed performance with better than expected losses but lower than expected sales. This could lead to mixed investor sentiment.
Kemper's Q2 results beat loss estimates but missed on sales. While the reduced losses are positive, the lower sales could be a concern for investors. This mixed performance could lead to uncertainty in the stock's short-term price direction.
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