Valens Research – UAFRS vs As Reported Weekly Highlights – November 29, 2017
December 3, 2017
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
Microsoft Corporation (MSFT)
Excess Cash Distortion
PVH Corp. (PVH)
Operating Lease Distortion
Western Digital Corporation (WDC)
Stock Option Expense Distortion