Universal Corp.: Fiscal 1Q Earnings Snapshot

RICHMOND, Va. (AP) _ Universal Corp. (UVV) on Wednesday reported fiscal first-quarter profit of $7.3 million.

The Richmond, Virginia-based company said it had profit of 29 cents per share. Earnings, adjusted for non-recurring gains, were 2 cents per share.

The leaf tobacco merchant posted revenue of $315.8 million in the period.

Universal Corp. shares have dropped 24% since the beginning of the year. The stock has fallen 25% in the last 12 months.

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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

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