Kemper's stock experienced a significant pre-market plunge of 10.39%, reflecting negative investor sentiment following the release of the company's fourth-quarter financial results.

The sharp decline appears to be driven by Kemper's disappointing earnings report, which revealed adjusted earnings per share of $0.25, significantly missing analyst estimates of $0.86. While quarterly revenue of $1.131 billion exceeded some expectations, the substantial earnings miss and a net loss of $8 million for the quarter weighed heavily on investor confidence.

Adding to the negative sentiment, Citizens analyst Matthew Carletti downgraded Kemper to Market Perform from Outperform following the Q4 report, citing concerns about the company's financial performance and outlook.