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For FY16, $ISCA expects adjusted revenue of $658-665MM and adjusted diluted EPS of $1.45-1.55. EBITDA margin is expected to be 32.1-32.6% and operating margin is expected to be 16.3-17%. $ISCA expects an effective tax rate of 38.5-39%. The EBITDA guidance is $211-217MM. Adjusted interest expense is expected to be $15-15.5MM.
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.