Adjusted Operating Income and Adjusted Earnings Per Share above Guidance; Lower Corporate Spend and Favorable Product Mix and Timing in Rail Contributed to Positive Result Project Orion Progressing as Expected with Phase II Framework to be Completed in the Fourth Quarter Adjusted Operating Income Guidance for 2014 Lowered to Range of $152 million to $157 million; Free Cash Flow Outlook Unchanged at $35 million to $65 million
CAMP HILL, Pa., Nov.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.