Earnings Results and Awards - Research Reports on Spirit, Armstrong, Ingersoll-Rand, ITW and Cardinal Health

NEW TORK, August 6, 2014 /PRNewswire/ --

Today, Analysts Review released its research reports regarding Spirit AeroSystems Holdings, Inc. (NYSE: SPR), Armstrong World Industries, Inc. (NYSE: AWI), Ingersoll-Rand Plc (NYSE: IR), Illinois Tool Works Inc. (NYSE: ITW) and Cardinal Health, Inc. (NYSE: CAH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5496-100free.

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Spirit AeroSystems Holdings, Inc. Research Reports
On August 1, 2014, Spirit AeroSystems Holdings, Inc. (Spirit) announced its Q2 2014 financial results. The Company's total revenue in Q2 2014 increased 18.6% YoY to $1.8 billion on back of higher aircraft deliveries. Spirit's net income in the quarter stood at $143.4 million, or $1.01 per diluted share compared with a loss of $209.4 million, or $1.47 per diluted share, in Q2 2013. According to Reuters, analysts had expected the Company to report EPS of $0.68 on revenue of $1.7 billion in Q2 2014. Also, Spirit has increased its revenue and EPS guidance range for full-year 2014 to $6.7 - $6.9 billion and $2.90 and $3.05, respectively. Cheering the better-than-expected earnings and revised outlook, the Company's stock rallied 13.11% to close at $36.84 on the day of announcement. The full research reports on Spirit are available to download free of charge at:

http://www.analystsreview.com/Aug-06-2014/SPR/report.pdf

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Armstrong World Industries, Inc. Research Reports
On July 28, 2014, Armstrong World Industries, Inc. (Armstrong) announced its Q2 2014 financial results. The Company's net sales during the quarter increased 0.5% YoY to $710.0 million, as favorable price and mix offset lower volumes in the Americas and Europe across all businesses. Despite the increase in sales, operating income and net income both declined amid increased manufacturing and input costs following rising lumber costs and the margin impact of lower volumes. Net income of the Company declined to $21.0 million, or $0.38 per diluted share, from $30.6 million, or $0.51 per diluted share, in Q2 2013. Also, the sluggish demand witnessed in the first half led to the revision in the Company's outlook for the second half of the year. For the full year, management now expects sales in the $2.7 to $2.8 billion range, and adjusted EBITDA to be in the range of $370 to $400 million. The full research reports on Armstrong are available to download free of charge at:

http://www.analystsreview.com/Aug-06-2014/AWI/report.pdf

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Ingersoll-Rand Plc Research Reports
On July 24, 2014, Ingersoll-Rand Plc (Ingersoll-Rand) reported that its brand Trane, which provides indoor comfort solutions and services, conferred the city of Vestavia Hills, Alabama with the "Energy Efficiency Leader Award" on July 14, 2014 in recognition of the city's commitment to energy and operational efficiency and sustainability. The Company stated that according to the city leaders, the city replaced outdated lighting with highly efficient illumination at its sports fields, pool and tennis courts, resulting in nearly 50% decrease in energy usage. Due to better concentrated lighting as a result of the upgrades, the city has been able to reduce the number of fixtures from 1,400 to more than 700, substantially reducing electricity costs. The full research reports on Ingersoll-Rand are available to download free of charge at:

http://www.analystsreview.com/Aug-06-2014/IR/report.pdf

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Illinois Tool Works Inc. Research Reports
On July 29, 2014, Illinois Tool Works Inc. (ITW) announced its Q2 2014 financial results. The Company's operating revenue in the quarter increased 3.5% YoY to $3.7 billion. ITW stated that its organic revenue growth in Q2 2014 was 1.4%, which was held back by ongoing product line and customer base simplification initiatives. ITW's net income in Q2 2014 jumped over three-fold to $1.5 billion, or $3.66 per diluted share. Income from continuing operations increased 31.5% YoY to $1.21 per diluted share. ITW stated that the strong EPS growth was primarily due to ongoing contributions from enterprise initiatives and completion of a previously announced share repurchase program. ITW has also raised its midpoint and narrowed its full‐year EPS guidance range to $4.50 to $4.62 from $4.45 to $4.65. Full-year 2014 revenue is expected to continue to grow in a range of 3 - 4%. The full research reports on ITW are available to download free of charge at:

http://www.analystsreview.com/Aug-06-2014/ITW/report.pdf

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Cardinal Health, Inc. Research Reports
On August 4, 2014, Cardinal Health, Inc. (Cardinal Health) announced its Q4 FY 2014 financial results (period ended June 30, 2014), which exceeded market expectations. The Company's revenue in Q4 FY 2014 declined 9.9% YoY to $22.9 billion, hit by the impact of the expiration of the Walgreens contract. Excluding the Walgreens impact, the Company's revenue in Q4 FY 2014 rose 12%. Cardinal Health posted a net income from continuing operations of $234 million, or 0.68 per diluted share, compared with a loss of $586 million, or $1.72 per diluted share, in Q4 FY 2013. Non-GAAP diluted EPS from continuing operations was $0.83, versus $0.79 in the year-ago period. Analysts polled by Reuters expected an EPS of $0.81 on revenue of $21.9 billion. Cardinal Health expects FY 2015 non-GAAP diluted EPS from continuing operations of $4.10 to $4.30. The full research reports on Cardinal Health are available to download free of charge at:

http://www.analystsreview.com/Aug-06-2014/CAH/report.pdf

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