Uncertainty around Trump's tariffs causing CEOs to reconsider providing earnings guidance
From Yahoo Finance: 2025-04-13 08:30:00
Public company CEOs are feeling the pressure of quarterly earnings reports and market whims. With Trump’s tariff uncertainty, some CEOs like Delta’s Ed Bastian are choosing to yank guidance altogether. Levi’s CEO Michelle Gass, on the other hand, is sticking with full-year profit guidance despite potential tariff impacts. Walmart warned on first-quarter profits but left full-year guidance unchanged amidst economic uncertainty. Former CEOs suggest a pause in forward guidance for industries most impacted by tariffs, providing transparency and timely updates. It might be time to rethink relying on profit guidance in the current uncertain environment.
Read more at Yahoo Finance: Trump tariff era means you may have to wave goodbye to earnings guidance