Valens Research – UAFRS vs As Reported Weekly Highlights – June 19, 2019
June 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
Vector Group Ltd. (VGR)
Excess Cash Distortion
Fair Isaac Corporation (FICO)
Stock Option Expense Distortion