earnings
confidence high
sentiment positive
materiality 0.65
Universal Q1: Adj. EPS $0.30 up 1400%, Revenue +11% to $350M, Ingredients profitable
UNIVERSAL CORP /VA/
2022-Q1 EPS reported
$0.26
revenue$349,613,000
- Adjusted diluted EPS of $0.30 vs $0.02 YoY; reported EPS of $0.26 down from $0.29.
- Revenue $350.0M, +11% YoY; Tobacco ops sales $293.8M (-2%) but operating income +76% to $8.9M.
- Ingredients ops revenue $56.2M (+222%) including Silva acquisition; operating income $4.3M vs $(0.7)M loss.
- Quarterly dividend of $0.78 per share declared, payable Nov 1, 2021 to holders of record Oct 11, 2021.
- Appointed Thomas H. Johnson as Lead Independent Director; shareholder votes ratified auditor and say-on-pay.