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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.

Edwards Lifesciences

EW2025-04-23Medical DevicesGlobal
Negative

We expect pressure on our operating margin as a result of the weakening dollar, the impact of announced tariffs, and the expected midyear close of the Yenovale acquisition.

Financial Impact
Tariffs are expected to negatively impact EPS by about $0.05 in 2025.
Cost Impact
The company anticipates increased costs due to tariffs affecting their financial results.

Moelis & Company

MC2025-04-23Financial ServicesGlobal
Negative

We've lost some from the quarter-end backlog... Strategics might be quicker to put down their pencils on supply chain affected transactions.

Supply Chain
Transactions are being delayed or shelved due to supply chain issues exacerbated by tariffs.
Revenue Impact
The backlog has decreased, impacting potential revenue generation.

Lam Research

LRCX2025-04-23SemiconductorsGlobal
Neutral

We recognize that the current tariff and global economic environment is dynamic, but thus far, we have not seen any meaningful changes for our customers' plans.

Cost Impact
The company is monitoring tariff impacts but has not yet seen significant effects on customer spending plans.
Operations
Lam's flexible manufacturing and supply chain capabilities help mitigate direct impacts from tariffs.
Guidance Impact
Current guidance for gross margin includes assessment of direct impacts from tariffs.

IMAX Corporation

IMAX2025-04-23EntertainmentChina
Neutral

We've looked deeply at this issue... and we're highly confident that the, quote, moderate reduction in Hollywood imports announced by China Film Administration will largely target films with limited box office potential in the market.

Revenue Impact
The moderate reduction in imports is expected to mainly affect smaller budget films, which are not significant drivers of IMAX's revenue.

SEI Investments Company

SEIC2025-04-23Financial ServicesGlobal
Neutral

the recent macro uncertainty and tariff situation impact your conversation with clients and the sales cycle

Operations
The uncertain environment due to tariffs is presenting opportunities for existing clients to engage more in outsourcing.
Strategy
Clients are rethinking their operating models and capital deployment strategies as a response to market uncertainties including tariffs.

ResMed

RMD2025-04-23HealthcareGlobal
Positive

We have reaffirmed that our products are subject to global tariff relief for decades.

Cost Impact
ResMed has historically paid negligible duties or tariffs on the importation of most of its products due to tariff exemptions in place.
Financial Impact
The absence of material impact from tariffs supports ResMed's strong financial performance and operational efficiency.

GE Vernova

GE2025-04-23EnergyGlobal
Negative

We do expect our cost to go up $300 to $400 million in 2025 due to tariffs and resulting inflation.

Cost Impact
Estimated increase in costs of $300 to $400 million attributed to tariffs.
Guidance Impact
Financial guidance for 2025 includes the anticipated impact of tariffs.

General Dynamics

GD2025-04-23Aerospace and DefenseGlobal
Negative

We cannot yet discern to what extent the defense businesses will be impacted over time.

Revenue Impact
Uncertainty regarding tariffs may affect customer demand and business operations, particularly in aerospace.
Supply Chain
The impact of tariffs on supply chain dynamics remains unclear, potentially affecting material costs and availability.

First Hawaiian Bank

FHB2025-04-23BankingNorth America
Negative

There is a dramatic increase in construction material costs that could, in the future, affect construction.

Cost Impact
Increased costs for construction materials may impact loan performance and overall project viability.
Revenue Impact
Higher costs associated with imported goods could reduce profitability for businesses dependent on imports.

Texas Instruments Incorporated

TXN2025-04-23TechnologyGlobal
Neutral

It is a time of high uncertainty in the world, as tariffs and geopolitics are disrupting global supply chains and creating unpredictable economic conditions.

Supply Chain
Tariffs are contributing to disruption in global supply chains, which affects the company's ability to operate smoothly.
Guidance Impact
Potential impact on customers, suppliers, and Texas Instruments' revenues remains unclear and will likely evolve.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.