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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.

Liberty Energy Inc.

LBRT2025-04-17EnergyNorth America
Neutral

We are actively assessing the implication of tariffs across our business and have already begun mitigation efforts.

Cost Impact
Modest tariff-related inflationary impacts on engines and other equipment components, some of which are being offset by lower prices or volume discounts.
Supply Chain
Redirecting internationally sourced chemicals to either domestic sources or countries that are less impacted by global tariffs.

Triumph

TRIUM2025-04-17TransportationNorth America
Negative

there's a lot of uncertainty around tariffs. That uncertainty creates opportunities for us.

Cost Impact
The uncertainty surrounding tariffs may lead to increased costs and revenue headwinds in the factoring segment.

SL Green Realty Corp

SLG2025-04-17Real EstateNorth America
Neutral

We haven't seen a slowdown yet. We haven't seen any commentary from the marketplace and we haven't seen any pullback from any decisions in our portfolio yet.

Operations
The company is monitoring tenant activity and has not observed a slowdown in leasing despite market disruptions related to tariffs.

F.N.B. Corporation

FNB2025-04-17Financial ServicesNorth America
Neutral

According to our findings, F.N.B. remains well-positioned at this point with manageable exposure to the most heavily tariff impacted businesses and consumer portfolios.

Financial Impact
Proactive assessments were conducted on loan portfolios to manage potential risks related to tariffs.
Operations
The credit team conducted a survey to identify risks associated with tariff policies and implemented monitoring strategies.

Bank OZK

OZK2025-04-17Financial ServicesNorth America
Neutral

It's a mathematical problem. It's not necessarily a deal killer.

Operations
Tariffs have introduced uncertainty causing delays in decision-making for deals.

Abbott Laboratories

ABT2025-04-16HealthcareGlobal
Negative

we estimate the tariff impact in 2025 to be a few hundred million dollars.

Financial Impact
The tariffs are expected to have a financial impact estimated at a few hundred million dollars, affecting the overall balance sheet and P&L.
Supply Chain
Abbott is leveraging its global manufacturing network to mitigate the impacts of tariffs through strategic adjustments.

Kinder Morgan

KMI2025-04-16EnergyNorth America
Neutral

At this point, we did not believe that the tariffs will have a significant impact on project economics.

Cost Impact
Estimated tariff impact is roughly 1% of project costs; mitigated by preordering equipment and securing domestic steel.

Autoliv Inc

ALV2025-04-16AutomotiveNorth America
Negative

We remain cautious about the remainder of the year, as we navigate the complexities of tariffs and other economic factors.

Cost Impact
Tariff costs need to be passed on to end consumers, leading to higher vehicle prices.
Operations
The instability and magnitude of the tariffs have placed the automotive industry in a challenging position.
Strategy
Strategic measures are being implemented to mitigate the effects of U.S. tariffs.
Financial Impact
Higher vehicle prices from tariffs could potentially impact consumer demand and light vehicle production.

The Travelers Companies, Inc.

TRV2025-04-16InsuranceNorth America
Neutral

Assuming the tariffs as they've been announced remain in place and are largely passed through, we'd expect somewhere around a mid-single-digit increase to PI auto severity.

Cost Impact
A one-time increase in physical damage repair costs for private passenger auto due to tariffs.

CSX Corporation

CSX2025-04-16TransportationNorth America
Neutral

We're closely watching the daily changes in trade and tariff policy.

Guidance Impact
Uncertainty in trade and tariff policies makes it difficult to project reasonable revenue ranges.
Supply Chain
Navigating elevated levels of macro uncertainty and trade policy shifts impacts supply chain efficiency.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.