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$ETFC 2Q15 Call: Excluding the $220MM tax benefit, earnings were $72MM or $0.25 vs. $85MM or $0.29 per share in 2Q14. Net interest income of $267MM was down $4MM from 1Q15. Balance sheet ended the quarter at $47.1Bil, up approx. $300MM from 1Q15. Net gains on loans and securities were $11MM vs. $9MM in 1Q15.
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.