RICHMOND, Va. (AP) _ Universal Corp. (UVV) on Wednesday reported fiscal first-quarter earnings of $2.1 million.
On a per-share basis, the Richmond, Virginia-based company said it had net income of 8 cents. Earnings, adjusted for pretax expenses, were 19 cents per share.
The leaf tobacco merchant posted revenue of $296.9 million in the period.
Universal Corp. shares have risen almost 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $57.26, a decline of 16% in the last 12 months.