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Some CEOs are abandoning the sacred tradition of predicting quarterly profits for Wall Street

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We may be entering the post-earnings-guidance era.
The article from Fortune, published on April 11, 2025, discusses how CEOs from major companies like Delta Air Lines and CarMax are adjusting their earnings guidance amidst economic uncertainties. Delta's CEO, Ed Bastian, expressed cautious optimism, citing strong travel demand but also acknowledging potential challenges from rising fuel costs and economic slowdowns. Similarly, CarMax's CEO, Bill Nash, revised the company's profit outlook downwards due to softening demand for used cars and increased competition. Both leaders emphasized the importance of adaptability and strategic planning in navigating the current volatile market conditions, highlighting the broader trend of corporate leaders recalibrating expectations and strategies in response to fluctuating economic indicators.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/11/ceo-earnings-guidance-delta-carmax-profits-outlook/ ]