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$HRS narrowed its FY16 non-GAAP EPS from continuing operations guidance to range of $5.70-5.80 from previous estimate of $5.60-$5.80, while lowering its GAAP EPS from continuing operations outlook to range of $2.80-2.90 from prior forecast of $5.25-5.45. $HRS cut its FY16 revenue forecast to $7.60-7.68Bil from prior estimate of $7.67-7.83Bil.
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.