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For 4Q16, $SNX expects revenue of $3.83-3.93Bil, net income of $64.8-66.8MM and adjusted net income of $82.7-84.7MM. $SNX expects diluted EPS to be $1.62-1.66 and adjusted diluted EPS to be $2.06-2.11. After-tax amortization of intangibles is expected to be $10.2MM or $0.25 per share.
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.