Valens Research – UAFRS vs As Reported Weekly Highlights – September 13, 2017
September 18, 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
FedEx Corporation (FDX)
Operating Lease Distortion
Danaher Corporation (DHR)
Goodwill Distortion
F5 Networks, Inc. (FFIV)
Stock Option Expense Distortion
Click here to view the report in its entirety.