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$CAG expects 2Q16 EPS adjusted for items impacting comparability to be approx. in line with 2Q15. 2Q16 guidance includes contribution from the private label operations, which are now in discontinued operations. Also, results from the private label operations will reflect a benefit from the absence of D&A expense.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.