Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
we've seen very limited impact of tariffs on our business so far.
the Arkansas legislation did issue legislation around a new infrastructure rider that provides for timely recovery of large transmission and generation
Our decisive pricing actions more than cover tariff costs and positively impacted EPS in Q2.
AEP has been at the forefront of securing these tariffs that bring down system average costs as we add data center customers.
Adjusted EBIT margin in the quarter was 14.6%, down 80 basis points year-over-year due to tariff impacts.
Although near-term trade headwinds persist, we expect that the tangible benefits of the recent tax bill and incentive to invest in America manufacturing will drive greater customer activity.
the uncertainty and volatility around trade policies are expected to continue to have direct and indirect impacts on semiconductor demand and levels of capital spending by the industry at least in the short term.
the business was negatively impacted by the recent market volatility as some large clients drew down their money market fund balances during the quarter to tactically buy back shares in the market and increased spend ahead of the potentially higher global tariffs.
Our adjusted operating margin of 18.5% was down 110 basis points from last year, but in line with guidance, with the year-over-year decline primarily driven by tariffs, as expected.
Some things have changed since then, tariffs being the biggest one, right?