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Tariff Impact Tracker from Earnings Calls

Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.

Otter Tail Corporation

OTTR2025-05-06UtilitiesNorth America
Neutral

We are working with our supplier partners to minimize tariff impacts.

Cost Impact
Increased costs could impact the timing or the requested amount of recovery on our investments due to tariffs on materials.
Revenue Impact
The potential for increased sales volumes from reduced competition due to tariffs on low-priced imports.

BWX Technologies

BWXT2025-05-06Nuclear EnergyNorth America
Neutral

we've been working closely with our customers to assess the impact of potential tariffs.

Cost Impact
Potential tariffs could affect the cost of imported materials used in the medical business.
Supply Chain
Monitoring and adjusting supply chain strategies to mitigate risks related to cross-border product delivery disruptions.

Zoetis

ZTS2025-05-06Animal HealthGlobal
Negative

we are updating our full year organic operational adjusted net income to a range of 5% to 7%... our outlook does not include any potential impacts from future tariffs as it’s still too early to know how the situation will unfold.

Financial Impact
The enacted tariffs are expected to impact adjusted net income negatively, leading to revised guidance.

WEC Energy Group

WEC2025-05-06EnergyNorth America
Neutral

On the tariff front, we're evaluating the impacts of tariffs on our supply chain and capital plan.

Cost Impact
Tariff exposure is estimated at approximately 2% to 3% overall for the capital plan.
Supply Chain
Mitigation efforts are being actively engaged through contracts and various suppliers.

Jacobs

J2025-05-06Engineering and ConstructionGlobal
Neutral

Regarding tariffs, we remain focused on supporting our clients as they assess potential supply chain challenges.

Supply Chain
Clients are facing potential supply chain challenges due to tariffs, which Jacobs aims to assist with.

TransDigm Group Incorporated

TDG2025-05-06AerospaceNorth America
Neutral

We believe we will remain in a good position from an overall cash, liquidity and balance sheet standpoint with adequate flexibility to pursue M&A or continue to return cash to our shareholders via dividends or share repurchases.

Guidance Impact
The company's guidance incorporates the impact of recently enacted U.S. and non-U.S. tariffs but does not anticipate a material headwind.
Operations
Operating units are taking actions to alleviate potential negative impacts from tariffs, including cost reduction initiatives and supply chain resourcing.

Waters Corporation

WAT2025-05-06Analytical InstrumentsGlobal
Neutral

We are well positioned to limit the net impact of the newly announced tariffs to a modest $10 million on our 2025 adjusted operating margin.

Cost Impact
Tariffs lead to a gross impact of $45 million, but mitigation efforts limit the net impact to $10 million.
Revenue Impact
Pricing actions related to tariffs expected to contribute an equivalent 50 basis point tailwind to growth.

Marriott International

MAR2025-05-06HospitalityNorth America
Negative

We do believe that the biggest impact of our reduction in RevPAR in the U.S. and Canada for the rest of the year is all about continued reduced government nights.

Revenue Impact
Reduction in RevPAR guidance primarily due to lower government demand, influenced by uncertainty from tariff announcements.

Global Payments

GPN2025-05-06Financial ServicesGlobal
Neutral

we are closely monitoring the ongoing tariff negotiations and their potential impact on the global economy.

Guidance Impact
The company is vigilant about tariff negotiations which could affect their financial outlook.

Ferrari

RACE2025-05-06AutomotiveNorth America
Negative

The second quarter, we are required to pay our income taxes, and the net financial position will reflect dividend distribution of approximately €530 million, and the 2025 euro bond repayment for roughly €450 million, both falling due during this month of May.

Guidance Impact
Higher import tariffs on EU cars have prompted an update in commercial policy and introduced a risk to EBITDA and EBIT margins.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.