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Universal (UVV)
NYSE:UVV
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: 1.90%
|Next Earnings Date:Aug 07, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a strong start for Universal Corporation in fiscal year 2025, with significant revenue and income growth in both the Tobacco and Ingredients segments. The company is well-positioned despite challenges with elevated debt levels and logistics issues. The successful sustainability initiatives and ongoing projects like the Lancaster expansion further reinforce positive prospects.Company Guidance
In the UVV Q1 2025 earnings call, Universal Corporation reported a strong start to the fiscal year with revenue reaching $597.1 million for the quarter ended June 30, 2024, marking a 15% growth in both the Tobacco and Ingredient Operations segments. Operating income also saw a significant increase, rising by 56% to $17.2 million. The Tobacco Operations segment witnessed improved performance due to higher sales volumes and prices, with operating income up by $5.6 million to $14.5 million, driven by carryover crop shipments and earnings from an oriental tobacco joint venture. The Ingredients Operations segment also experienced a boost with operating income increasing by $4.9 million, attributed to higher sales volumes, particularly in new products and core products like fruit juices. The company maintained a low uncommitted tobacco inventory level of 13% and expects recent elevated green tobacco prices to encourage more planting, potentially balancing the market in the future. Additionally, debt levels remained high due to committed tobacco inventory, but the company anticipates a reduction in working capital as inventory is processed and delivered. Sustainability efforts remain a focus, with independent verification of greenhouse gas emissions data reinforcing their commitment to environmental goals.Strong Start to Fiscal Year 2025
Universal Corporation's revenue for Q1 2025 was $597.1 million, up 15% for both Tobacco and Ingredient Operations segments. Operating income was $17.2 million, up 56% compared to the same quarter last fiscal year.
Tobacco Operations Segment Performance
Operating income for the Tobacco Operations segment increased by $5.6 million to $14.5 million for Q1 2025 compared to the same quarter last year, driven by higher sales volumes and prices.
Ingredients Operations Segment Growth
Operating income for the Ingredients Operations segment was up $4.9 million for Q1 2025 due to increased sales volumes, higher sales of new products, and recovery of demand for core products.
Successful Sustainability Initiatives
Universal received independent third-party verification for Scope 1, 2, and 3 emissions data, reinforcing their commitment to sustainability and transparent disclosure.
Lancaster Expansion Project on Track
The processing lines for the Lancaster, Pennsylvania expansion project are progressing well, with the facility expected to be fully operational in the second half of the fiscal year.
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UVV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UVV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $50.08 | $50.10 | +0.04% |
| Aug 07, 2024 | $48.13 | $50.57 | +5.07% |
| May 22, 2024 | $50.73 | $44.29 | -12.69% |
| Feb 07, 2024 | $53.38 | $50.20 | -5.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Universal (UVV) report earnings?
Universal (UVV) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Universal (UVV) earnings time?
Universal (UVV) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UVV EPS forecast?
Currently, no data Available
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