Wednesday, February 14, 2024 5:11:34 PM
Where on earth do you get this number? Freddie's own 2023 10-K form says that "Net income per common share" in 2023 was negative 5 cents. See the chart on page 136, which is page 140 of the pdf.
It also shows that the "Weighted average common shares (in millions)" is 3,234. That's 3.234B shares, which shows that they are assuming that Treasury will exercise the warrants. You might want to update your share count to match the official one.
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