Horace Mann Educators Corporation (NYSE:HMN) Q2 2022 Earnings Conference Call August 5, 2022 11:00 AM ET

Company Participants

Heather Wietzel - VP of IR

Marita Zuraitis - President and CEO

Bret Conklin - EVP and CFO

Mark Desrochers - SVP, Head of P&C and Corporate Chief Actuary

Ryan Greenier - Chief Investment Officer and SVP

Conference Call Participants

Meyer Shields - KBW

Gary Ransom - Dowling & Partners

John Barnidge - Piper Sandler

Greg Peters - Raymond James

Operator

Good morning, and welcome to the Horace Mann Educators Second Quarter 2022 Investor Call. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Heather Wietzel, VP, Investor Relations. Please go ahead.

Heather Wietzel

Thank you, and good morning, everyone. Welcome to Horace Mann's discussion of our second quarter results. Yesterday, we issued our earnings announcement, investor supplement, and investor presentation, copies are available on the Investors page of our website. Marita Zuraitis, President and Chief Executive Officer; and Bret Conklin, Executive Vice President and Chief Financial Officer, will give the formal remarks on today's call. With us for Q&A, we have Matt Sharpe on Supplemental and Group Benefits, Mark Desrochers on Property & Casualty, Mike Weckenbrock on Life and Retirement; and Ryan Greenier on Investments.

Before I turn it over to Marita, I want to note that our presentation today includes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The company cautions investors that any forward-looking statements include risks and uncertainties and are not guarantees of future performance. These forward-looking statements are based on management's current expectations, and we assume no obligation to update them. Actual results may differ materially due to a variety of factors, which are described in our news release and SEC filings. In our prepared remarks, we use some non-GAAP measures. Reconciliations of these measures to our most comparable GAAP measures are available in our news release.

I'll now turn the call over to Marita.

Marita Zuraitis

Thanks, Heather, and good morning, everyone.

Last night, we reported second-quarter core results near breakeven and ahead of the loss we anticipated in our preannouncement due to better-than-anticipated segment operating performance. Based on this performance, we made a minor upward revision to our full-year core EPS guidance to a range of $2.15 to $2.35. As our preliminary announcement described, the impact on our bottom line from external events was disappointing.