Kemper Q1 Profit Declines

(RTTNews) - Kemper Corporation (KMPR) Thursday reported first-quarter net income of $35.1 million or $0.63 per share, compared to $54.4 million or $1.00 per share in the same period last year.

Operating income for the quarter was $31.5 million or $0.56 per share, down from $42.3 million or $0.72 per share in the comparable quarter last year. On average, five analysts polled by Thomson Reuters expected the company to earn $0.65 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues decreased to $554.6 million from $615.9 million last year. Analysts expected revenues of $567.21 million.