Research

Valens Research – UAFRS vs As Reported Weekly Highlights – June 26, 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

Realogy Holdings Corp. (RLGY)
Goodwill Distortion

Masco Corporation (MAS)
Excess Cash Distortion

ABM Industries Incorporated (ABM)
Operating Lease Distortion