– CCK’s traditional EPS is materially distorted by the accounting for operating leases and R&D

– After making the appropriate UAFRS adjustments, EPS’ growth has been weak, and EPS’ is actually expected to decline next year, not grow

– Traditional metrics materially understate valuations relative to the earnings of the firm, and CCK is more expensive than investors may realize

http://www.valens-research.com/uniform-accounting-highlights-ccks-adjusted-eps-going-decline-not-grow-valuations-not-cheap-appears-using-reported-metrics/?utm_source=rs

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