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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.

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.

Rogers Communications

RCI2025-04-23TelecommunicationsNorth America
Neutral

We highlight it as a potential risk, but we think it's unlikely.

Cost Impact
Potential risks related to tariffs on handsets due to macroeconomic factors.

Lennox

LII2025-04-23HVACNorth America
Negative

This updated guidance includes all known and anticipated impacts of tariffs, including incremental price actions, inflation and potential volume softness.

Cost Impact
Tariff-related cost headwinds have increased total cost inflation significantly.
Revenue Impact
Expected decline in sales volumes due to tariff impacts and economic slowdowns.
Pricing Strategy
Implementation of new pricing strategies to offset tariff impacts.

Avery Dennison

AVY2025-04-23ManufacturingGlobal
Negative

The recent change in tariffs will likely have both direct and indirect impacts on our business.

Cost Impact
Higher tariffs are expected to create low single-digit inflation on total raw material purchases.
Revenue Impact
Apparel revenue is expected to decline mid-single digits due to tariff uncertainties.

GATX Corporation

GMT2025-04-23TransportationNorth America
Neutral

The impact of the recent tariff announcements has to date had very little impact on our business and financial results.

Cost Impact
While there is a potential for increased costs due to tariffs, currently existing exemptions prevent direct impacts.
Revenue Impact
Long-term risks related to economic growth impacted by tariffs could affect overall demand for railcars.

Thermo Fisher Scientific

TMO2025-04-23Life SciencesGlobal
Negative

The tariff rates here are so substantial that they're likely to significantly reduce the volume of trade between the two countries.

Revenue Impact
Expecting a $400 million revenue headwind for the year due to tariffs on products sold in China.
Cost Impact
Tariffs expected to increase the cost of China-sourced parts and subassemblies, with an operating income headwind of $375 million.
Guidance Impact
Guidance updated to reflect the impact of tariffs and policy changes, with adjusted EPS lowered by $0.70 due to tariffs.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.