November 27, 2017

Valens Research – UAFRS vs As Reported Weekly Highlights – November 22, 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

Allergan plc (AGN)
Acquisition Earnings Distortion

Tesla, Inc. (TSLA)
R&D Expense Distortion

Express Scripts Holding Company (ESRX)
Goodwill Distortion

To get access to all of our newsletter reports, please log into the Valens Research web app. If you don't have an account, you can sign up for the 30-day trial.