Wed, May 7, 2025
Tue, May 6, 2025
Mon, May 5, 2025
Sun, May 4, 2025
[ Sun, May 04th ]: dw
Media Safety - Theory of Change
Sat, May 3, 2025
[ Sat, May 03rd ]: KUTV
Jaren Hall Tribute
Fri, May 2, 2025
Thu, May 1, 2025
Wed, April 30, 2025

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


  Copy link into your clipboard //media-entertainment.news-articles.net/content/ .. redicting-quarterly-profits-for-wall-street.html
  Print publication without navigation Published in Media and Entertainment on by Fortune

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/ ]

Publication Contributing Sources