Want to join the conversation?
Industrial gases company $PX reported 1Q16 net income of $356MM or $1.24 per diluted share, down 16.9% versus $416MM or $1.43 per diluted share in 1Q15, hurt by lower revenue and a $16MM charge to interest expense. Sales fell 9% to $2.5Bil, primarily due to the impacts of negative currency translation and lower cost pass-through.
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.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?