Valens Research – UAFRS vs As Reported Weekly Highlights – April 23, 2020
April 23, 2020
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
Aptiv PLC (APTV)
R&D Expense Distortion
The Sage Group plc(SGE:GBR)
Goodwill Distortion
Ralph Lauren Corporation(RL)
Operating Lease Expense Distortion