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RICHMOND, Va. (AP) _ Universal Corp. (UVV) on Wednesday reported fiscal first-quarter earnings of $6.4 million.
The Richmond, Virginia-based company said it had profit of 26 cents per share. Earnings, adjusted for restructuring costs, were 30 cents per share.
The leaf tobacco merchant posted revenue of $350 million in the period.
Universal Corp. shares have increased 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $51.14, a climb of 20% in the last 12 months.
Insight by ProPricer: During this webinar James Woolsey, the president of the Defense Acquisition University, Frank Kelley, the vice president of the Defense Acquisition University and Michelle Currier, the professor of contract management at the Defense Acquisition University, will discuss the future of DoD contracting, pricing and acquisition. In addition, Michael Weaver, the professor of contract management at ProPricer will provide an industry perspective.
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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