Kemper: Q1 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Kemper Corp. (KMPR) on Wednesday reported first-quarter profit of $99.7 million.
The Chicago-based company said it had net income of $1.54 per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $1.65 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.
The insurance holding company posted revenue of $1.19 billion in the period.
_____
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
Is the Options Market Predicting a Spike in MYR Group Stock?
Investors in MYR Group Inc. MYRG need to pay close attention to the stock based on moves in the options market lately. That is because the July 18, 2025 $150.00 Put had some of the highest implied volatility of all equity options today. Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Clearly, options traders are pricing in a big move for MYR Group shares, but what is the fundamental picture for the company? Currently, MYR Group is a Zacks Rank #1 (Strong Buy) in the Electric Construction industry that ranks in the Top 1% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from earnings of $1.58 per share to $1.56 in that the way analysts feel about MYR Group right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your to see the trades now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MYR Group, Inc. (MYRG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
20 minutes ago
- Yahoo
Donald Trump's Truth Social Files for Dual Bitcoin and Ether ETF
Trump Media and Technology Group (DJT) has filed to list a Truth Social Bitcoin and Ethereum exchange traded fund (ETF) on Monday. The ETF will hold bitcoin BTC and ether ETH directly with 75% of capital being allocated to bitcoin and the remaining 25% to ether, according to a filing with the Securities and Exchange Commission (SEC). Singapore-based exchange will act as the ETF's custodian as well as taking and liquidity provider. Trump Media and Technology Group signaled its intent of issuing an ETF earlier this month as it made a standalone registration for a spot bitcoin ETF. The inclusion of ether is in-keeping with the Trump family's crypto activity; World Liberty Financial, the DeFi project backed by the family, holds 96% of it assets on the Ethereum blockchain, Arkham data shows. If approved the fund would join a long list of crypto ETFs including those managed by BlackRock, Grayscale, Fidelity and Franklin Templeton. Bitcoin ETFs alone have $131 billion in assets under in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 minutes ago
- Yahoo
Gold Miner ETF (GDX) Hits New 52-Week High
For investors seeking momentum, VanEck Gold Miners ETF GDX is probably on the radar. The fund just hit a 52-week high and has moved up 65.8% from its 52-week low of $32.84 per share. Are more gains in store for this ETF? Let's take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed: Market Vectors Gold Mining ETF offers exposure to companies involved in the gold mining industry. Canada firms make up 43.3% of the portfolio, while U.S. and Australia firms take the next spots with 16% and 11.7% share, respectively. GDX charges just 51 bps in fees and expenses (see: all the Materials ETFs here). The gold mining sector of the broad stock market has been an area to watch lately, given the rally in the metal's price. Escalating tensions between Israel and Iran raised the appeal for safe-haven demand. The yellow metal serves as a hedge against market turmoil and is often used as a means of preserving wealth during times of financial and political uncertainty, typically performing well when other asset classes struggle. GDX has a weighted alpha of 69.36 and a 20-day volatility of 30.84%, which shows that there is still some promise for investors who want to ride on this surging ETF. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VanEck Gold Miners ETF (GDX): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
