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$FLS said it expects FY16 adjusted EPS to be $2.40-2.75. Revenue is expected to decline 7-14% YoverY, including a forecasted 2% currency headwind. Company expects its FY16 adjusted EPS to be weighted toward 2H16, reflecting normal seasonality.
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.