Kemper

Q2 FY2026 EarningsQ3 FY26 preliminary results significantly beat consensus across bottom-line metrics, with GAAP EPS of $0.88 vs. $0.54 expected and Adjusted Net Operating Income of $1.01 per share vs. $0.55 expected. The performance was driven by a sharp turnaround in the Specialty Auto segment, which achieved a 99.2% combined ratio, benefiting from $23M in favorable prior-year reserve development. While revenue was not explicitly detailed in the preliminary release, the substantial recovery from Q2's massive net loss ($465M) indicates stabilized underwriting and disciplined execution.