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Waste management company $WM posted 4Q15 net income of $273MM or $0.61 per diluted share compared to $590MM or $1.28 per diluted share in 4Q14. Revenue for the quarter was $3.25Bil. On an as-adjusted basis, net income would have been $320MM or $0.71 per diluted share in 4Q15.
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.