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....
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Unum Group (UNM) Q4 2023 Earnings Call Transcript