Monday, April 17, 2017

Uniform Accounting Highlights URI generates far greater EPS’ than as-reported EPS, and this supports current valuations even after a 200% rise in share prices

  • URI’s traditional EPS is materially distorted by their accounting for operating leases

  • After making the appropriate UAFRS adjustments, although EPS’ growth is weaker than as-reported EPS growth, this is because EPS’ is already materially higher

  • After a 200%+ share price run in the last year, investors may be wary of URI however, significantly stronger EPS’ supports current valuations, and potentially further upside should the firm drive additional growth

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Submitted April 17, 2017 at 08:59PM by Valens_Research http://ift.tt/2pLm2ba

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