Sep 04, 2019 / 01:20PM GMT
Ryan Joel Krueger - Keefe, Bruyette, & Woods, Inc., Research Division - MD of Equity Research
All right. We're going to get going. Pleased to have Lincoln Financial with us again this year. Up on stage with me is Randy Freitag, who is the Chief Financial Officer and Head of the Individual Life business. Also wanted to recognize Chris Giovanni, Corporate Treasurer and Head of Investor Relations, and [Jeff Braggart] from the IR team as well.
Questions and Answers:
Ryan Joel Krueger - Keefe, Bruyette, & Woods, Inc., Research Division - MD of Equity ResearchSo to kick it off, you had your investor conference in June, and you reiterated the 8% to 10% annual operating EPS growth target. At the time, you talked about some near-term upside from expense saves that would be partially offset by spread compression. The interest rate environment has worsened since then. So I was hoping you could discuss how the drop in the interest rate impacts your outlook compared to what you talked about a few months ago?
Randal Jay Freitag -