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Auto parts retailer $ORLY posted higher 4Q15 profit, helped by increase in gross profit. $ORLY said net income increased 20% to $219MM, or $2.19 per share in 4Q15 compared to $182MM, or $1.76 per share in the prior year. Revenue increased 10% to $1.95Bil from $1.76Bil in 4Q14. Comparable sales increased 7.7% during the quarter.
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.