UAFRS vs As-Reported Weekly Highlights for May 3, 2017
Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.
Company Specific Highlights & Insights
BioMarin Pharmaceutical Inc. (BMRN)
R&D Expense Distortion
DENTSPLY SIRONA Inc. (XRAY)
Goodwill Distortion
Tractor Supply Company (TSCO)
Operating Lease Expense Distortion
Click here to view the report in its entirety.