Valens Research – UAFRS vs As Reported Weekly Highlights – May 14, 2020
May 14, 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
TechTarget, Inc. (TTGT)
Stock Option Expense Distortion
Altria Group, Inc. (MO)
Goodwill Distortion
STORE Capital Corporation (STOR)
Net to Gross PP&E Distortion