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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.

Biogen

BIIB2025-05-01PharmaceuticalsGlobal
Neutral

Biogen currently does not expect a material impact in 2025 from potential tariffs as announced by the U.S. administration on April 2, 2025.

Financial Impact
The company believes it will not suffer significant financial consequences from potential tariffs due to its manufacturing base and inventory position.

Annaly Capital Management

NLY2025-05-01FinanceGlobal
Negative

The shift in U.S. trade policy has further weighed on consumer and business confidence and is likely to impact economic growth over the foreseeable future.

Cost Impact
Tariffs are expected to lead to higher goods prices, impacting overall cost structures.
Revenue Impact
Trade policy changes are likely to affect economic growth, which could reduce demand for financial services.
Market Volatility
Volatility in interest rates and financial assets has increased due to tariff announcements.

Allstate

ALL2025-05-01InsuranceNorth America
Negative

Our costs are likely to be higher. I agree with that. Particularly auto repair and replacement costs are likely to increase.

Cost Impact
Expected increases in auto repair and replacement costs due to tariffs.

Green Brick Partners, Inc.

GRBK2025-05-01HomebuildingNorth America
Negative

We recognize that economic uncertainty is impacting the market from various fronts, persistently high interest rates, tariffs and trade wars...

Supply Chain
Potential disruptions to our supply chain due to tariffs.
Cost Impact
The ability to absorb potential tariff increases compared to many of our peers.

Valaris

VAL2025-05-01EnergyGlobal
Negative

proposed tariffs on international trade and the associated increased costs as well as the accelerated unwind of production cuts by OPEC Plus have introduced new uncertainties for the global economy and our industry.

Cost Impact
Increased costs related to proposed tariffs could impact overall operational expenses.
Guidance Impact
The company believes their full year guidance accounts for the potential impact of tariffs.

American Water Works

AWK2025-05-01UtilitiesNorth America
Neutral

we don’t expect any significant tariff-related impacts, as most of our key expenses such as labor, power and chemicals are primarily sourced domestically.

Cost Impact
Limited exposure to tariffs due to predominantly domestic sourcing of materials.

National Fuel Gas Company

NFG2025-05-01EnergyNorth America
Neutral

To date, we are seeing a minimal effect from both U.S. tariffs on imports and related retaliatory tariffs.

Cost Impact
Some indirect cost increases in certain goods and materials due to international manufacturing.
Revenue Impact
Recent tariff activity is not impacting revenue as all gas is sold domestically under firm sales agreements.
Supply Chain
Proactive procurement of critical equipment helps maintain stability despite tariffs.

Wyndham Hotels & Resorts

WH2025-05-01HospitalityGlobal
Positive

Amid softer demand environments, hotel owners consistently turn to brands at scale that they know and that they trust, and brands that outperform their competitors, seeking broad distribution, a loyal customer base, operational support, and cost efficiencies.

Supply Chain
Tariffs are creating new dynamics in sourcing and supply chain management, leading to strategic shifts towards domestic suppliers.
Operations
The company is adapting to tariff-related challenges by negotiating with suppliers and shifting production closer to home.

Methanex Corporation

MEOH2025-05-01ChemicalsGlobal
Neutral

we're closely monitoring the impact of potential tariffs on global economic activity and are cautiously managing our business through this period of uncertainty.

Revenue Impact
Potential tariffs could affect overall economic activity, which may indirectly influence methanol demand.

Hanover Insurance Group

THG2025-05-01InsuranceNorth America
Neutral

We believe the impact of tariffs to be very manageable.

Cost Impact
Anticipated mid-single-digit one-time increase in auto severity due to potential tariffs.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.