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$PBI 2Q15 Call: Currency translation adversely impacted our revenue comparisons by $36MM or 4% and our EPS by nearly $0.02. YTD currency reduced revenue by $71MM and EPS by $0.03. These impacts were result of a rapid strengthening of the US dollar. Currency also impacted the volume of US outbound cross border purchases in our e-commerce business.
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.