Wednesday, April 26, 2017

Uniform Accounting highlights CLW’s Adjusted EPS is far below as-reported EPS, and as a result, valuations are far more expensive than traditional metrics suggest

  • CLW’s traditional EPS is materially distorted by the age of their assets, and the resultant depreciation charges

  • After making the appropriate UAFRS adjustments, EPS’ has been significantly lower than as-reported EPS, and will continue to be lower going forward

  • As such, traditional metrics materially understate valuations relative to the earnings of the firm, and CLW is far more expensive than investors may realize

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Submitted April 26, 2017 at 09:18PM by Valens_Research http://ift.tt/2oO6Nhq

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