– 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

http://www.valens-research.com/uniform-accounting-highlights-clws-adjusted-eps-far-reported-eps-result-valuations-far-expensive-traditional-metrics-suggest/?utm_source=rs

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