Delta’s Soaring Quarter, Caesar’s New Growth Strategy, and 3 Hot Stocks to Watch

Delta Airlines (NYSE:DAL): Its been a strong quarter for airlines, and Delta is leading the charge with its strongest quarterly results in a decade. Earnings per share of $0.10 beat estimates by $0.03, equating to a $124 million improvement in the year-over-year. Revenue of $8.5 billion just missed estimates by $0.01 billion. While the company’s investment in an oil refinery has not yet paid off, it appears that the rest of the Delta’s financial bricks are falling into place.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

DAL

RadioShack (NYSE:RSH): It’s been a rough quarter for the electronics retailer — revenues of $849 million missed by $114.97 million — as the company struggled to cut expenses faster than the decline in sales, and earnings fell at -$0.35, missing the mark by $0.24. CEO Jospeh Magnacca, who has only been in the position for a few weeks, says he sees “significant opportunity” to refresh the brand, although no indication of future guidance was provided.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

RSH

Arm Holdings, Plc. (NASDAQ:ARMH): Shares of Arm Holdings are soaring, following a strong quarterly report indicating that revenue beat estimates by $13.19 million (the company made $263.9 million, a 26 percent year-over-year increase), while earnings came in at $0.17 per share. Operating margins grew 6 percent over the first quarter of 2012, and adjusted pretax profit fell grew 44 percent, whereas analysts had pegged the growth at 25 percent.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

ARMH

Caesars Entertainment (NASDAQ:CZR): Shares of Caesars are flying on the news that the company will be forming a joint venture, Caesars Growth Partners LLC, designed specifically to improve the company’s capital structure and provide support for new projects. Sluggish growth in Las Vegas has given the company a disadvantage against its rivals, which have established locations in Macau to offset slowing American casino revenues.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

CZR

Ironwood Pharmaceuticals (NASDAQ:IRWD): Shares of Ironwood are nosediving following a significant miss in revenue and earnings for the quarter, with revenues plummeting 73 percent year-over-year and coming in at $3.26 million, $5.68 million below estimates. Earnings didn’t fare any better, at -$0.87 — $0.18 short of projections. Weak sales of IBS drug Linzess exasperated an already suffering bottom line, as total costs rose 92 percent, as a result of rolling out the drug.

EXCLUSIVE OFFER! Take Advantage of the Tax Relief 50% Off Sale for a Limited Time. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

IRWD

Investing Insights: Will Phillips 66 See Higher Prices?

More from The Cheat Sheet