July 29, 2019

Valens Research – UAFRS vs As Reported Weekly Highlights – July 24, 2019


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


Hilton Corporation (HLT)
Goodwill Distortion

LogMeIn, Inc. (LOGM)
Stock Option Expense Distortion

Restaurant Brands, Inc. (QSR)
Net to Gross PP&E Distortion