March 11, 2019

Valens Research – UAFRS vs As Reported Weekly Highlights – March 6, 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

Beacon Roofing Supply, Inc. (BECN)
Operating Lease Distortion

H&R Block, Inc. (HRB)
Excess Cash Distortion

Harley Davidson, Inc. (HOG)
Net to Gross PP&E Distortion

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