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Universal Corp.: Fiscal 4Q Earnings Snapshot

RICHMOND, Va. (AP) _ Universal Corp. (UVV) on Wednesday reported fiscal fourth-quarter net income of $31.4 million.

On a per-share basis, the Richmond, Virginia-based company said it had profit of $1.24. Earnings, adjusted for pretax expenses, were $1.26 per share.

The leaf tobacco merchant posted revenue of $671.7 million in the period.

For the year, the company reported profit of $104.1 million, or $4.11 per share. Revenue was reported as $2.23 billion.

Universal Corp. shares have declined 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $51.90, a climb of roughly 8% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UVV at https://www.zacks.com/ap/UVV