Valens Research – UAFRS vs As Reported Weekly Highlights – January 24, 2018
January 29, 2018
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
Expedia, Inc. (EXPE)
Excess Cash Distortion
Rollins, Inc. (ROL)
Operating Lease Distortion
Rockwell Automation Inc. (ROK)
Net/Gross PP&E Aging Distortion