April 26, 2017

UAFRS vs As-Reported Weekly Highlights for April 26, 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

Akamai Technologies, Inc. (AKAM)
Stock Option Expense Distortion

Express Scripts Holding Company (ESRX)
Goodwill Distortion

H&M Hennes & Mauritz AB (HM B:CHE)
Operating Lease Expense Distortion

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