Valens Research – UAFRS vs As Reported Weekly Highlights – Februay 27, 2020
February 27, 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
Walgreens Boots Alliance, Inc. (WBA)
Operating Lease Distortion
Guidewire Software, Inc. (GWRE)
Excess Cash Distortion