Want to join the conversation?
Beauty products maker $EL reported a 2% rise in 2Q16 earnings driven by strong constant currency sales growth. Net income rose to $446.2MM or $1.19 per share from $435.7MM or $1.13 per share last year. Sales grew by 3% to $3.12Bil. Excluding impact of foreign currency translation, sales increased 8% and EPS grew by 15%.
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.