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home / news releases / UNMA - Unum Group (UNM) Q4 2023 Earnings Call Transcript


UNMA - Unum Group (UNM) Q4 2023 Earnings Call Transcript

2024-01-31 12:31:05 ET

Unum Group (UNM)

Q4 2023 Earnings Conference Call

January 31, 2024 8:00 AM ET

Company Participants

Matt Royal - Senior Vice President, Investor Relations

Rick McKenney - President and Chief Executive Officer

Steve Zabel - Chief Financial Officer

Chris Pyne - Executive Vice President, Group Benefits

Timothy Arnold - Executive Vice President, Voluntary Benefits and President-Colonial Life

Conference Call Participants

Joel Hurwitz - Dowling & Partners

Alex Scott - Goldman Sachs

Suneet Kamath - Jefferies

Jimmy Bhullar - JPMorgan

Tom Gallagher - Evercore ISI

Ryan Krueger - KBW

Wilma Burdis - Raymond James

Josh Shanker - Bank of America

Mark Hughes - Truist

Mike Ward - Citi

Presentation

Operator

Good morning. My name is Rob and I will be your conference operator today. At this time I'd like to welcome everyone to the Unum Group Fourth Quarter 2023 Earnings Results and 2024 Outlook Conference Call. All line have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions]

Thank you, Matt Royal, Senior Vice President of Investor Relations. You may begin your conference.

Matt Royal

Wonderful. Thank you, Rob. And good morning to everyone. Welcome to Unum Group's fourth quarter 2023 earnings call. Today, we will be discussing full-year 2023 results along with highlights from the fourth quarter. We will also use the time to discuss our outlook for 2024.

Please note that today's call may include forward-looking statements. Actual results, which are subject to risk and uncertainties, may differ materially, and we are not obligated to update any of these statements. Please refer to our earnings release and our periodic filings with the SEC for a description of factors that could cause actual results to differ from expected results.

Also, today's presentation may include non-GAAP financial measures, and a reconciliation to the most directly comparable GAAP measures can be found in our earnings release and the investor relations section of our website. Also, please note, references to Unum International sales and premium are presented in local currency and core operations sales and premium results are presented on a constant currency basis. Further, discussion of adjusted operating 2023 EPS growth of 23% or $7.66, compares to 2022 historically reported EPS of $6.21.

Yesterday afternoon, Unum released our earnings press release, financial supplement, and webcast presentation. All of those materials may also be found on the Investors section of our website.

Participating in this morning's call are Unum’s President and CEO, Rick McKenney, and Chief Financial Officer Steve Zabel. Following the remarks from Rick and Steve, additional members of management will participate in Q&A, including Mark Till, who heads our Unum International Business; Tim Arnold, who heads our Colonial Life and Voluntary Benefits lines, and Chris Pyne for Group Benefits....

For further details see:

Unum Group (UNM) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Unum Group 6.250% Junior Subordinated Notes due 2058
Stock Symbol: UNMA
Market: NYSE
Website: unum.com

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