- Short-sellers are focusing on LNN, with multiples north of 33x on an as-reported basis not supported by weak, volatile as-reported EPS. However, after making adjustments according to UAFRS, it is apparent that premium valuations are warranted...
The Latest from Article-Equities News
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March 28, 2017
- VRNT’s traditional EPS is materially distorted by the treatment of R&D and stock options on as-reported accounting statements leading it to appear materially negative for the last 3 quarters...
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March 24, 2017
- After making UAFRS adjustments, DRI is projected to see EPS drop by $0.02 in Q3 2017 to $1.35, as opposed to a projected as-reported rise by $0.14 for Q3...
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March 24, 2017
- EPS’, after making the appropriate UAFRS adjustments, has been significantly greater than as-reported EPS historically at ¥5.67 for 2016 vs traditional EPS of ¥4.33...
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March 23, 2017
As-Reported metrics indicate lower-than expected 2016 EPS, with projections for stronger 2017 Earnings...
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March 22, 2017
- Markets expect DE to see Adjusted ROA expand from current cycle-low 9% levels to cycle-high levels of 15% over the next five years and sustain those levels, even though DE has historically been highly cyclical...
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March 21, 2017
- Markets expect UTX to see Adjusted ROA expand to cycle-high levels over the next 5 years...
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March 21, 2017
As-Reported metrics indicate expected EPS declines are a recent phenomenon, and potentially an outlier, in reality UAFRS-adjusted EPS shows earnings power has been declining for awhile...
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March 17, 2017
Uniform Accounting adjustments highlight that earnings have grown significantly in the last several years, driving significant equity upside....
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March 14, 2017
Republic Services, Waste Management, and Waste Connections are all trading at premium valuations to both peers and fair valuations given their profitability....
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March 9, 2017
After making Uniform Accounting adjustments, NOV is trading at valuations consistent with a company that markets expect to see with persisting profitability weakness, and considering their strong historical performance, this is likely too bearish...
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