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During 3Q15, $THC generated adjusted EBITDA of $566MM, an increase of 23.3% and adjusted diluted EPS of $0.29, both within its outlook range for the third quarter. As a percentage of revenues, bad debt expense ratio was 7.3%, higher than 5.6% in the year-ago 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.