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For 3Q17, $GES expects revenue to be up 4.5-7.5% in constant currency. Company expects currency to be about half a percentage point tailwind on revenue for the quarter. GM is expected to be about flat versus 3Q16 and operating margin is expected to be 3.5-4.5% including the impact of currency headwind of about 30 BPs.
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.