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For FY17, $CAH expects high single digit percentage growth in consolidated revenues. Non-GAAP effective tax rate is expected to be 35-37%. Diluted weighted avg. shares outstanding is expected to be 324-326MM. Net interest and other expense is expected to be $190-205MM. $CAH expects Capex of $400-450MM and amortization of approx. $376MM or $0.74.
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.