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$UA expects 2016 net revenue of approx. $5Bil, a growth of 26% over 2015 and operating income of $503-507MM, a growth of 23-24% over 2015. The company expects 2016 interest expense of approx. $35MM, effective tax rate of approx. 38.5% and fully diluted weighted average shares outstanding of approx. 446MM reflective of the Class C stock dividend.
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.