Motley Fool February 4, 2023
KEY POINTS
- The earnings decline in 2022 largely came down to highly challenging supply chain conditions.
- The current earnings and cash flow don’t reflect the company’s long-term potential.
- Margin expansion will be critical in 2023
The newly listed healthcare company gave its first set of earnings as a stand-alone company, and while there were some negatives, its future looks bright.
One of the big investing themes for 2023 is the potential for companies to expand margins as cost inflation eases due to higher interest rates and a slowly improving supply chain. But there are two types of companies in this environment. The first type is companies whose top lines are pressured...