A new wave of major U.S. and European companies, including General Motors, JetBlue, Snap and Volvo, are warning that the trade war’s unknowable course and consequences make it futile to forecast future performance. GM, JetBlue and Volvo all shelved earlier profit guidance for 2025 due to economic uncertainty. The shape-shifting nature of President Trump’s automotive duties have clouded the outlook,…
More than three out of four financial professionals said there was a strong likelihood that their companies’ earnings would fall within the guidance they give to investors — but this only happens rarely, according to the researchers. The study surveyed 357 CFOs, investor-relations professionals and other executives at public companies in 2021. The paper finds that companies offer accurate guidance…