Pandemic has companies dropping earnings guidance, and some say it should be nixed altogether

The number of companies withdrawing or declining to provide earnings guidance continues to grow, with Abbott, ConocoPhillips, Jack in the Box, GoPro, and Bed Bath & Beyond in just the last couple days.   

JPMorgan, in a note to clients, said that so far 86 S&P 500 companies have suspended earnings guidance.

Not surprisingly, some in the corporate world are seizing on this cancelled guidance to…

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