Valens Research – UAFRS vs As Reported Weekly Highlights – November 19, 2020

November 19, 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
The Estée Lauder Companies Inc. (EL)
Excess Cash Distortion
Goodwill Distortion
Vonage Holdings Corp. (VG)
Stock Option Distortion