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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.

Prosperity Bancshares

PB2025-04-23Financial ServicesNorth America
Negative

Despite the uncertainty with tariffs, our teams in Texas and Oklahoma are optimistic based on conversations with our customers about their outlook and plans.

Guidance Impact
The uncertainty created by tariffs is causing a slowdown in loan growth and making borrowers hesitant.

Watsco

WSO2025-04-23DistributionNorth America
Negative

We are carefully monitoring the potential impact of proposed tariffs on our business.

Cost Impact
Potential increase in costs due to proposed tariffs affecting product pricing and operational strategies.
Revenue Impact
Uncertainty regarding sales growth in Canada and Latin America due to tariffs may affect overall revenue.
Operations
Collaboration with OEM partners is necessary for adjusting pricing strategies in response to tariff pressures.

Philip Morris International

PM2025-04-23TobaccoGlobal
Neutral

we do not currently anticipate a material impact on our business from recently introduced or discussed tariffs.

Financial Impact
The company believes that potential tariffs will not have a significant effect on its financial performance.

Norfolk Southern Corporation

NSC2025-04-23TransportationNorth America
Negative

announced tariffs could be a headwind to volumes for the remainder of the year.

Revenue Impact
Potential decrease in volume due to customers facing increased costs from tariffs.
Operations
Need to stay close to customers as trade policies unfold, indicating operational adjustments may be necessary.

Packaging Corporation of America

PKG2025-04-23PackagingGlobal
Negative

we anticipate continued ambiguity relative to domestic and foreign tariff actions and their effect on global trade and our demand trends.

Guidance Impact
The company has made certain assumptions in their guidance to recognize potential negative impacts to volume and costs from the uncertainty around tariffs.

Popular, Inc.

BPOP2025-04-23Financial ServicesPuerto Rico
Negative

the recent volatility due to tariff uncertainty, which has impacted markets and raised recession concerns.

Guidance Impact
The uncertainty surrounding tariffs may affect loan demand and overall economic activity, leading the company to adjust its loan growth guidance.

Old Dominion Freight Line

ODFL2025-04-23TransportationNorth America
Neutral

Some of that is probably going to be a tariff impact on parts and repairs.

Cost Impact
Increased costs associated with parts and repairs due to tariffs.

AT&T Inc.

T2025-04-23TelecommunicationsNorth America
Neutral

The announced tariffs could potentially increase the cost of smartphones, and other devices as well as the cost of network and technical equipment.

Cost Impact
Potential increase in costs for smartphones and equipment due to tariffs.
Guidance Impact
Management believes they can manage anticipated higher costs within their existing financial guidance.

Check Point Software

CHKP2025-04-23CybersecurityGlobal
Neutral

Even with the high tariffs that for now it will not be imposed, but even with these high tariffs that might be imposed, the max exposure on us will be expected to be less than half a point to our total margin.

Cost Impact
Potential tariffs could have a maximum exposure of less than half a point to total margins, but adjustments are being made to minimize costs.

OFG Bancorp

OFG2025-04-23BankingPuerto Rico
Positive

the tariff is a catalyst for that.

Strategy
The tariff environment presents opportunities for Puerto Rico to attract on-shoring of pharmaceuticals and medical devices.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.