Universal Corporation ($UVV) 2Q21 Earnings Sneak Preview

Universal Corporation (NYSE:UVV) is reporting second quarter earnings results on Thursday 5th November 2020, after market close.

Previous Quarter Performance

Universal Corporation reported income for the first quarter of $ 0.02 per share, from the revenue of $ 315.81 million.

Stock Performance

Shares of Universal Corporation traded low $ -0.93 or -2.25 percent on Wednesday, reaching $ 40.41 with volume of 86.90 thousand shares. Universal Corporation has traded high as $ 41.54 and has cracked $ 40.34 on the downward trend

The closing price of $ 40.41, representing a 11.61 % increase from the 52 week low of $ 37.04 and a 29.09 % decrease over the 52 week high of $ 58.30.

The company has a market capital of $ 989.60 million and is part of the Consumer Defensive sector and Tobacco industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.77 per share on August 5, 2020. The dividend were payable on November 2, 2020 to holders of record as of the close of business on October 12, 2020 and ex-dividend date on October 9, 2020.

Conference Call

Universal Corporation will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.universalcorp.com

Universal Corporation engages in the supply of leaf tobacco products worldwide. The company operates through North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental, and Special Services segments. It is involved in procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.

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