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Motorsports and entertainment company $ISCA posted higher 2Q16 results, helped by higher revenues and lower expenses. $ISCA said net income rose 63.92% to $21.9MM, or $0.47 per share from $13.36MM, or $0.29 per share a year ago. Revenue rose 2.16% to $167.56MM for the quarter. Excluding items, $ISCA earned $0.29 per share.
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.