Shares of insurance holding company Kemper (NYSE:KMPR) fell 21.2% in the afternoon session after the company posted disappointing second-quarter financial results and received a subsequent analyst downgrade. The insurance provider reported adjusted earnings of $1.30 per share, which fell short of the $1.52 consensus estimate. The company attributed the earnings shortfall primarily to unfavorable developments in its commercial auto business. In response to the results, analysts at Piper Sandler downgraded the stock to "Underweight" from "Overweight" and slashed their price target to $50 from $75. The firm expressed concerns about Kemper's growth in policies and its underwriting profitability, suggesting that the company's near-term earnings may have peaked.
Insurance holding company Kemper (NYSE:KMPR) missed Wall Street’s revenue expectations in Q2 CY2025, but sales rose 8.4% year on year to $1.23 billion. Its non-GAAP profit of $1.30 per share was 13.8% below analysts’ consensus estimates.
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the insurance industry, including Kemper (NYSE:KMPR) and its peers.
Companies Reporting Before The Bell • ING Groep (NYSE:ING) is expected to report earnings for its fourth quarter. • Shell (NYSE:SHEL) is likely to report quarterly earnings at $1.81 per share on revenue of $75.66 billion.
