Universal Corp. (UVV) Reports Q1 EPS of $0.02

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Universal Corporation Reports First Quarter Results

August 5, 2020 4:44 PM EDT

RICHMOND, Va., Aug. 5, 2020 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported net income of $7.3 million, or $0.29 per diluted share, for the first quarter of fiscal year 2021, which ended on June 30, 2020. Those results were up $5.2 million compared with net income of $2.1 million, or $0.08 per diluted share, for the first quarter of fiscal year 2020. Excluding certain non-recurring items, detailed in Other Items below, net income and diluted earnings per share declined by $4.3 million and $0.17, respectively, for the quarter ended June 30, 2020, compared to the... More