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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.

Century Communities, Inc.

CCS2025-04-23Real EstateNorth America
Neutral

we are not expecting to see any meaningful increase in our direct costs in the near term.

Cost Impact
The company anticipates no significant cost increases due to tariffs, as most products purchased are either made in the US or exempt from tariffs under the USMCA agreement.
Supply Chain
While there is potential for supply chain disruptions, the company has strategies in place to mitigate any impacts.

Lithia Motors

LAD2025-04-23AutomotiveNorth America
Neutral

We continue to closely monitor potential tariff impacts and broader shifts in our consumer sentiment.

Supply Chain
The company has a diversified inventory, with 45% not impacted by current tariffs, allowing them to adapt to market conditions.
Operations
Operational flexibility and pricing strategies are being implemented to manage potential costs associated with tariffs.

The Western Union Company

WU2025-04-23Financial ServicesNorth America
Neutral

We actually believe our customer will remain relatively resilient given the importance of sending money home.

Cost Impact
Potential increases in consumer prices due to tariffs may not significantly impact customer behavior as sending money home remains a priority.

Knight-Swift Transportation Holdings Inc.

KNX2025-04-23TransportationNorth America
Negative

At this point, our customers are expressing more concern around cost impacts of tariffs and less concern regarding demand from their customers.

Cost Impact
Customers are cutting back on purchases due to concerns over tariffs, which may lead to lower volumes and affect the company's revenue.
Guidance Impact
The uncertainty surrounding tariffs has led the company to adjust its earnings guidance conservatively for the upcoming quarters.
Supply Chain
Changes in trade policy could require shippers to manage inventory levels quickly, impacting logistics operations.

Carlisle

CSL2025-04-23Building ProductsNorth America
Neutral

Nonetheless, the current indirect impact of tariffs is minor for Carlisle overall and should remain so for the rest of 2025.

Cost Impact
While direct impacts from tariffs are negligible, there are concerns about unforeseen indirect consequences affecting contractors and suppliers.
Revenue Impact
Customers accelerated orders to preempt anticipated tariff-related price increases, which may create fluctuations in future revenue.

IBM

IBM2025-04-23TechnologyGlobal
Neutral

Under current US tariff policy, the impact to IBM is minimal.

Cost Impact
Minimal direct exposure to tariffs due to diversified supply chain.
Supply Chain
Proactively evaluating alternative sources and strategies to mitigate tariffs.

ServiceNow

NOW2025-04-23TechnologyGlobal
Negative

If they don't adapt their global supply network fast enough, their cost will increase by up to $10,000 a vehicle.

Cost Impact
Increased costs for manufacturers due to tariffs potentially leading to higher vehicle prices.
Supply Chain
Companies need to adjust their supply networks to reduce dependency on high tariff regions.

Penumbra, Inc.

PEN2025-04-23HealthcareNorth America
Neutral

We currently manufacture 100% of our products in the United States... In addition, approximately three-quarters of our raw materials and components are currently sourced in the United States.

Cost Impact
No significant cost impact from tariffs due to domestic manufacturing and sourcing.

ASGN Incorporated

ASGN2025-04-23Information TechnologyNorth America
Negative

macroeconomic factors such as higher inflation and uncertainty regarding tariffs have driven cautiousness to spend on new projects across the banking sector.

Guidance Impact
Cautious spending due to tariff uncertainty affects client project decisions.

Westinghouse Air Brake Technologies Corporation

WAB2025-04-23TransportationNorth America
Negative

we are cautious with regards to our North American business as the current tariff activities play out over the remainder of the year.

Cost Impact
Tariffs have increased costs associated with imported materials, which may affect overall profitability.
Revenue Impact
Tariff uncertainties could lead to reduced customer spending and delayed investments in North America.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.