Universal Corporation Reports First Quarter Results

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Go back to Universal Corporation Reports First Quarter Results

Universal Corp. (UVV) Reports Q1 EPS of $0.08

August 7, 2019 5:29 PM EDT

Universal Corp. (NYSE: UVV) reported Q1 EPS of $0.08, versus $0.52 reported last year. Revenue for the quarter came in at $296.92 million, versus $379.72 million reported last year.

Mr. Freeman stated, "We are starting off fiscal year 2020 with sales results in line with our expectations. Our first fiscal quarter is a seasonally slow quarter for us, and our volumes for the quarter are lower than the prior year, as fiscal year 2019 benefited from large carryover crop volumes, particularly in North America and Africa. However, our overall volumes are... More