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$GMCR 3Q15 PR: Operating income $161MM compared to $260MM in 3Q14. Gross profit was $349MM compared to $457MM in 3Q14. Non-GAAP operating income for the quarter was $176.3MM compared to $243.2MM in third quarter of 2014. GAAP operating income declined 30%, representing 16.6% of net sales for the quarter, compared to 22.6% in the prior year period.
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?