Kemper Q2 2024 Adj. EPS $1.42 Beats $1.23 Estimate, Sales $1.130B Beat $977.852M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kemper (NYSE:KMPR) reported Q2 2024 adjusted EPS of $1.42, beating the estimate of $1.23. Sales were $1.130 billion, surpassing the $977.852 million estimate but down 10.53% from last year's $1.263 billion.
August 05, 2024 | 8:08 pm
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Kemper's Q2 2024 earnings and sales both beat analyst estimates, with EPS at $1.42 versus $1.23 expected and sales at $1.130 billion versus $977.852 million expected. However, sales decreased by 10.53% compared to the same period last year.
Kemper's earnings and sales beating estimates is a positive indicator for the stock in the short term. However, the year-over-year sales decline may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100