Why Triumph Group Shares Are Falling Again Today

·2 min read
Why Triumph Group Shares Are Falling Again Today

Triumph makes a range of components for military and commercial aerospace platforms. Wednesday's earnings report provided a clear indication Triumph is still a work in progress. The analyst said that although he remains constructive on Triumph's long-term potential as divestitures continue and the company is able to pay down its debt, the weaker-than-expected fiscal 2023 outlook for free cash flow is a reminder that the turnaround will not come quick.

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