Kemper's stock experienced a significant 8.88% decline in after-hours trading. The sharp drop follows the release of the company's fourth-quarter financial results.

The plunge appears to be driven by Kemper's earnings report, which revealed that adjusted earnings per share came in at $0.25, significantly missing the analyst estimate of $0.86. While quarterly revenue of $1.131 billion exceeded expectations of $1.115 billion, the substantial earnings miss weighed heavily on investor sentiment.

Further details from the report showed a net loss attributable to shareholders of $8 million for the quarter, representing a 108% decline. The company also highlighted ongoing restructuring efforts initiated in the third quarter aimed at improving operational efficiency.