F&G Annuities & Life, Inc. (NYSE:FG) Q2 2024 Earnings Conference Call August 6, 2024 9:00 AM ET
Company Participants
Lisa Foxworthy-Parker - Senior Vice President, Investor & External Relations
Chris Blunt - Chief Executive Officer
Wendy Young - Chief Financial Officer
Conference Call Participants
John Barnidge - Piper Sandler
Wes Carmichael - Autonomous Research
Mark Hughes - Truist
Operator
Good morning, and welcome to the F&G's Second Quarter Earnings Conference Call. [Operator Instructions] And as a reminder, this conference call is being recorded.
I would now like to turn the call over to Lisa Foxworthy-Parker, SVP, Investor and External Relations. Please go ahead.
Lisa Foxworthy-Parker
Great. Thanks, operator, and welcome, everyone. Joining me today are Chris Blunt, Chief Executive Officer; and Wendy Young, Chief Financial Officer. We look forward to addressing your questions following our prepared remarks.
Today's earnings call may include forward-looking statements and projections under the Private Securities Litigation Reform Act, which do not guarantee future events or performance. We do not undertake any duty to revise or update such statements to reflect new information, subsequent events or changes in strategy. Please refer to our most recent SEC filings for a discussion of the factors that could cause actual results to differ materially from those expressed or implied.
This morning's discussion also includes non-GAAP financial measures that we believe maybe meaningful to investors. Non-GAAP measures have been reconciled to GAAP where required in accordance with SEC rules within our earnings release, financial supplement and investor presentation, all of which are available on the company's website. Today's call is being recorded and will be available for webcast replay at fglife.com. It will also be available through telephone replay beginning today at 1:00 p.m. Eastern Time through August 13, 2024.
And now, I'll turn the call over to our CEO, Chris Blunt.
Chris Blunt
Good morning, everyone. Thanks for joining us to discuss our second quarter results. We've delivered another terrific quarter and continue to build on our proven track record. Before reviewing our performance over the last three months, I'd like to highlight the strong progress we've made over the last year in delivering towards our Investor Day value creation levers.
During our Investor Day held in October 2023, we outlined the potential for upside from asset growth, margin expansion and multiple uplift. We used performance in the second quarter of 2023 as our baseline and looked out over a five-year medium-term horizon to illustrate key financial targets. Over the last 12 months, our business has been hitting on all cylinders and we are currently on pace to achieve our targets.