Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Trinity Industries Inc    TRN

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Trinity Industries : Announces Fifth Circuit Denies Petition for Rehearing En Banc in False Claims Act Case

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/15/2017 | 09:21am CET

DALLAS - Trinity Industries, Inc. (NYSE:TRN) announces that earlier today the United States Court of Appeals for the Fifth Circuit, in a per curiam order, denied the Relator's Petition for Rehearing En Banc in Joshua Harman, on behalf of the United States of America, Plaintiff/Relator v. Trinity Industries, Inc. and Trinity Highway Products, LLC, Defendants.

The Company will continue to monitor any pursuit by the Relator of further appellate recourse in this matter.

Please refer to the Company's Note 18 to the financial statements in Trinity's Form 10-Q for the period ended September 30, 2017 for additional information about Joshua Harman, on behalf of the United States of America, Plaintiff/Relator v. Trinity Industries, Inc. and Trinity Highway Products, LLC, Defendants and the Company's other litigation.

Information from the FHWA pertaining to the ET Plus System may be found at:

http://www.fhwa.dot.gov/guardrailsafety/.

Additional facts and product information related to the ET Plus System may be found at:

www.etplusfacts.com.

COMPANY DESCRIPTION

Trinity Industries, Inc., headquartered in Dallas, Texas, is a diversified industrial company that owns complementary market-leading businesses providing products and services to the energy, chemical, agriculture, transportation, and construction sectors, among others. Trinity reports its financial results in five principal business segments: the Rail Group, the Railcar Leasing and Management Services Group, the Inland Barge Group, the Construction Products Group, and the

Energy Equipment Group. For more information, visit: www.trin.net.

Trinity Highway Products, LLC is a subsidiary of Trinity Industries, Inc. Some statements in this release, which are not historical facts, are 'forward-looking statements' as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about Trinity's estimates, expectations, beliefs, intentions or strategies for the future, and the assumptions underlying these forward-looking statements. Trinity uses the words 'anticipates,' 'believes,' 'estimates,' 'expects,' 'intends,' 'forecasts,' 'may,' 'will,' 'should,' 'guidance' and similar expressions to identify these forward-looking statements.

Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from historical experience or our present expectations. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see 'Risk Factors' and 'Forward-Looking Statements' in the Company's Annual Report on Form 10-K for the most recent fiscal year.

Investor Contact:

Preston Bass

Director, Investor Relations

Trinity Industries, Inc.

214/631-4420

Media Contact:

Jack Todd

Vice President, Public Affairs

Trinity Industries, Inc.

214/589-8909

(C) 2017 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TRINITY INDUSTRIES INC
11/17 TRINITY INDUSTRIES INC : Earnings Review and Free Research Report: Trinity Repor..
11/15 TRINITY INDUSTRIES : Announces Fifth Circuit Denies Petition for Rehearing En Ba..
11/14 TRINITY INDUSTRIES, INC. : Announces Fifth Circuit Denies Petition for Rehearing..
11/06 TRINITY INDUSTRIES INC : Regulation FD Disclosure, Financial Statements and Exhi..
10/27 TRINITY INDUSTRIES : Announces Third Quarter 2017 Results
10/26 TRINITY INDUSTRIES INC : Results of Operations and Financial Condition, Regulati..
10/26 TRINITY INDUSTRIES : Management's Discussion and Analysis of Financial Condition..
10/26 TRINITY INDUSTRIES INC : Trinity Industries, Inc. to Host Earnings Call
10/25 TRINITY INDUSTRIES : beats Street 3Q forecasts
10/25 TRINITY INDUSTRIES, INC. : Announces Third Quarter 2017 Results
More news
News from SeekingAlpha
04:47a Tracking Jeffrey Ubben's ValueAct Portfolio - Q3 2017 Update
11/17 DAILY INSIDER RATINGS ROUND UP 11/15 : T, coty, trn, codi, wve, mxwl, gthx, cpta
11/15 DAILY INSIDER RATINGS ROUND UP 11/9/ : Hain,trn, axdx, tep, amh
11/14 Favorable court ruling for Trinity Industries
11/13 Transports Weekly Snapshot - Transports Pause Turns To A Major Slide
Financials ($)
Sales 2017 3 789 M
EBIT 2017 548 M
Net income 2017 222 M
Debt 2017 2 264 M
Yield 2017 1,42%
P/E ratio 2017 23,98
P/E ratio 2018 28,90
EV / Sales 2017 1,94x
EV / Sales 2018 1,92x
Capitalization 5 104 M
Chart TRINITY INDUSTRIES INC
Duration : Period :
Trinity Industries Inc Technical Analysis Chart | TRN | US8965221091 | 4-Traders
Technical analysis trends TRINITY INDUSTRIES INC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 34,9 $
Spread / Average Target 3,8%
EPS Revisions
Managers
NameTitle
Timothy R. Wallace Chairman, President & Chief Executive Officer
James E. Perry Chief Financial Officer
Stephen W. Smith Chief Technical Officer & Vice President
David Wayne Biegler Independent Director
Ronald J. Gafford Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TRINITY INDUSTRIES INC21.15%5 104
GENERAL ELECTRIC COMPANY-42.37%157 919
3M28.44%136 609
SIEMENS-1.63%115 123
HONEYWELL INTERNATIONAL26.45%111 599
ILLINOIS TOOL WORKS INC.28.32%53 836