Earnings Roundup: Sprint, Dr. Pepper, US Airways and Wellpoint

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HFA Staff
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Here’s our summary of the most important earnings posted this morning: Sprint Nextel Corporation (NYSE:S) It’s been a tough quarter for sprint. Analysts are bewailing the company’s deal to secure the iPhone and the company is left being in the 4G market after Lightsquared’s demise and the subsequent ending of the deal between the two companies. The company reported a loss 0f $863 million for the first quarter of 2012, a number that comes down to 15 cents per share. The firm’s revenue was up year on year to $8.73 billion. That may be a silver lining though the cloud…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.