Universal Third Quarter 2024 Earnings: EPS: US$2.14 (vs US$1.68 in 3Q 2023)
Universal (NYSE:UVV) Third Quarter 2024 Results
Key Financial Results
Revenue: US$821.5m (up 3.3% from 3Q 2023).
Net income: US$53.2m (up 28% from 3Q 2023).
Profit margin: 6.5% (up from 5.2% in 3Q 2023). The increase in margin was driven by higher revenue.
EPS: US$2.14 (up from US$1.68 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Universal shares are down 10% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Universal (at least 1 which doesn't sit too well with us), and understanding them should be part of your investment process.
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