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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.

Digital Realty Trust, Inc.

DLR2025-04-24Data CentersNorth America
Neutral

We're seeing a very modest, call it less than 5% impact to potential build costs when it comes to digital.

Cost Impact
Potential increased costs due to tariffs impacting build expenses.

PG&E Corporation

PCG2025-04-24UtilitiesNorth America
Neutral

Our sourcing is primarily from domestic suppliers. Deploying our performance playbook, we intend to offset tariff-related cost pressures and inflation.

Cost Impact
Tariffs on imported equipment like transformers are manageable and accounted for in overall spending, with strategies in place to mitigate their effects.

Atlantic Union Bankshares

AUB2025-04-24BankingNorth America
Negative

the potential for continued volatility and unintended consequences of trade policy

Financial Impact
Increased uncertainty due to tariffs has led to higher provisions for loan losses as a precaution against potential economic downturns.

Indivior PLC

INDV2025-04-24PharmaceuticalsGlobal
Neutral

we believe the potential tariff impacts are manageable, and within our non-GAAP gross margin guidance range of a low to mid 80% for the full year.

Cost Impact
Potential tariffs could affect cost of goods sold, but are considered manageable.

Brunswick Corporation

BC2025-04-24MarineNorth America
Negative

At current tariff rates, we have the potential to incur up to $100 million to $125 million of incremental net tariff costs in 2025.

Cost Impact
The company anticipates significant additional costs due to tariffs affecting its supply chain and operations.
Guidance Impact
The uncertainty around tariffs is contributing to a cautious outlook for consumer spending, which may affect revenue.

TechnipFMC plc

FTI2025-04-24EnergyNorth America
Neutral

It is important to understand TechnipFMC's limited exposure to the recently announced tariffs.

Financial Impact
The impact to total company adjusted EBITDA is anticipated to be less than $20 million for the full year.

Textron Inc.

TXT2025-04-24Aerospace and DefenseNorth America
Neutral

we haven't seen a tariff impact in terms of anything moving amongst our North American operations.

Cost Impact
Although there are some parts and suppliers in Europe or Asia, the overall impact has been minimal.

Merck & Co., Inc.

MRK2025-04-24PharmaceuticalsGlobal
Negative

Approximately $200 million of expected cost from tariffs implemented to date primarily between the US and China.

Cost Impact
The company expects to incur approximately $200 million in costs due to existing tariffs, impacting overall profitability.
Supply Chain
Merck is rebalancing its supply chain strategy to mitigate tariff impacts by aligning manufacturing closer to market demands.

Comcast Corporation

CMCSA2025-04-24TelecommunicationsNorth America
Negative

If the price of handsets rises significantly with tariffs, would it be your anticipation that you would increase your subsidies accordingly, or would you expect to pass those higher costs on to customers?

Cost Impact
Potential increase in handset costs due to tariffs may lead to increased subsidies or higher prices for customers.

Old Republic International Corporation

ORI2025-04-24InsuranceNorth America
Negative

We've seen a steep drop-off in our travel and accident business... and I think that's probably related to tariffs.

Revenue Impact
Reduction in travel and accident business due to decreased cross-border travel likely influenced by tariff-related uncertainties.
Cost Impact
Potential future cost increases in pharmaceuticals and vehicle parts due to tariffs could impact claims expenses.
Operations
Monitoring of frequency and severity trends due to potential impacts from tariffs on the commercial auto and workers' compensation sectors.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.