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Analog semiconductor producer $SWKS posted 1Q16 higher net income of $355.3MM, or $1.82 per diluted share vs. $195.2MM, or $1.01 per diluted share for 1Q15, helped by higher provision for income taxes and merger termination fee. 1Q16 non-GAAP diluted EPS was $1.60. Revenue was $926.8MM, up 15% YoverY, helped by higher COGS and gross profit.
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.