The prices of these materials fluctuate significantly and could drive up its manufacturing costs. The company tells investors that it uses materials such as cotton, latex, and pulp in its manufacturing. The company warns that implementing the vaccine mandates may cause some of its employees to leave, and replacing them may be difficult.Ĭardinal Health has updated another Production category risk that it had previously highlighted to remind investors of the vulnerability of its manufacturing operation. The government then issued a more stringent vaccine mandate increasing the number of Cardinal Health’s employees required to be fully vaccinated. and Canada to get fully vaccinated by December 2021. It explains that it required certain groups of its workers in the U.S. The company recently added one new risk factor under the Production category, which accounts for 11% of its total risks.Ĭardinal informed investors that it may lose important employees because of COVID-19 vaccine mandates, which could, in turn, adversely impact its business and financial condition.
Risk FactorsĪccording to the new TipRanks Risk Factors tool, Cardinal Health’s main risk categories are Finance and Corporate Legal and Regulatory and Ability to Sell, each representing 22% of the total 18 risks identified for the stock. (See Cardinal Health stock charts on TipRanks). It plans to repurchase $3 billion worth of its shares over the next three years. It posted adjusted EPS of $1.29, missing the consensus estimate of $1.33.Ĭardinal ended Q1 with $2.5 billion in cash. Revenue was $39.1 billion in the same quarter last year. (See Insiders’ Hot Stocks on TipRanks) Q1 Financial ResultsĬardinal reported revenue of $44 billion for its Fiscal 2022 first-quarter ended September 30, surpassing the consensus estimate of $41.9 billion. With this in mind, we used TipRanks to take a look at the latest financial performance and understand the newly added risk factors for Cardinal Health. This comes after Cardinal extended its pharmaceuticals distribution agreement with CVS Health ( CVS) to June 2027. It recently partnered with Zipline on a program that will use drones to ship supplies to customers and speed up deliveries to pharmacy locations. What Do Cardinal Health’s Risk Factors Reveal?ĭublin-headquartered Cardinal Health ( CAH) is a distributor of healthcare supplies, including drugs and laboratory products.
0 kommentar(er)
