Universal Corp ( UVV ) Stocks fell 6% today
2026-08-10 23:55:21
According to CoinMeta, Universal Corp ( UVV )’s stock price fell by 6% today, currently trading at $47.75, below its 52-week low. The company’s first-quarter financial report showed that adjusted earnings per share were -0.20 dollars, lower than the market's expectation of 0.25 dollars, and revenue was $523.78 million, falling short of the expected $587 million, with a year-over-year decrease of 11.79%. Core tobacco business revenue declined by 13%, and operating income plummeted by 90%. Although the stocks of Altria and Philip Morris only saw a slight decline, Turning Point Brands’s stock price rose by 16%. Universal has a dividend yield of 6.43%, and management expects tobacco shipments to rebound in the second half of the 2027 fiscal year.
Source:Internet
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated
Hot Articles
Refresh

Web3: Circle obtains New York trust license, expanding USDC custody business.
07-31 22:04

Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
07-31 21:54

web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
07-31 21:24

Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
07-31 20:55

Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
07-31 20:24

