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Semiconductor company $QRVO said it expects 2016 non-GAAP revenue of approx. $600MM. Non-GAAP diluted EPS is expected to be in the range of $0.90-0.95 based on approx. 142MM shares. The company expects non-GAAP net interest expense of approx. $15MM and a tax rate of approx. 3% in 2016.
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.