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Looking ahead, $LLTC expects that the macroeconomic climate continues to be weak overall and it continues to see some weakness in its business in certain geographies and markets. Assuming its bookings rate stays near the current level, $LLTC predicts revenue to be up 2-5% sequentially in 4Q16.
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.