Universal Corp.: Fiscal 3Q Earnings Snapshot
RICHMOND, Va. (AP) _ Universal Corp. (UVV) on Tuesday reported fiscal third-quarter profit of $26 million.
The Richmond, Virginia-based company said it had profit of $1.04 per share. Earnings, adjusted for costs related to mergers and acquisitions, were $1.08 per share.
The leaf tobacco merchant posted revenue of $505 million in the period.
Universal Corp. shares have decreased 5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $54.14, a drop of 4% in the last 12 months.