– 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

http://www.valens-research.com/uniform-accounting-highlights-uri-generates-far-greater-eps-reported-eps-supports-current-valuations-even-200-rise-share-prices/?utm_source=rs

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