NYSE$UVV

Universal Corp/VA · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Universal Corporation reported its preliminary unaudited financial results for the third quarter of fiscal year 2025, highlighting strong operational performance driven by its Tobacco Operations segment.

Universal Corporation achieved solid results for the third quarter of fiscal year 2025, with strong performance in its Tobacco Operations segment due to robust customer demand and successful procurement efforts, while the Ingredients Operations segment performed in line with strategic plans with new product sales offsetting pricing pressures.

  • Universal Corporation reported total sales and other operating revenue of $937.2 million for the third quarter of fiscal year 2025.
  • Net income attributable to Universal Corporation was $57.1 million, resulting in basic earnings per share of $2.28 and diluted earnings per share of $2.27.
  • The Tobacco Operations segment generated $854.8 million in sales and other operating revenues and $99.2 million in operating income, benefiting from increased customer demand, successful procurement, and higher quality crops.
  • The Ingredients Operations segment reported $83.3 million in sales and other operating revenues and $3.7 million in operating income, with new product sales largely offsetting market-driven pricing pressures.

Headline financials

Total Revenue

$937M

Previous: $813M+15.3%
EPS (adj)

$2.27

Previous: $2.12+7.1%
Basic EPS

$2.39

No prior period
Diluted EPS

$2.37

No prior period
Ingredients Operations Operating Income

$3.66M

No prior period
Tobacco Operations Operating Income

$103M

No prior period
Capital Expenditures

-$54.9M

Previous: -$47.7M-15.0%
Net Income

$57.1M

Previous: $53.2M+7.3%
Operating Income

$101M

Previous: $87.5M+15.1%

Revenue & EPS history

Universal Corp · Revenue · Quarterly

$937M

Q3 2025+15.3%vs Q3 2024
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Revenue by segment

Universal Corp · $638M total across 2 segments · Q2 2024

  • Tobacco Operations
    $555M-39.6%
  • Ingredients Operations
    $83.8M-48.5%

Forward guidance

Universal Corporation is confident in its position to finish fiscal year 2025 strongly, planning to maximize and optimize its tobacco business, expand its ingredients business, and explore opportunities for both segments to create more value for customers and shareholders.

Tailwinds

  • Confidence in finishing fiscal year 2025 on a strong footing.
  • Continued maximization and optimization of the tobacco business.
  • Expansion of the ingredients business.
  • Seeking possible opportunities for both segments to work together.
  • Intention to reduce net debt levels supported by cash collection from tobacco shipments and normalized working capital requirements.

Headwinds

  • The company filed a Form 12b-25 due to inability to timely file Form 10-Q for Q3 2025.
  • Ongoing internal investigation into embezzlement by a former senior finance employee in Mozambique.
  • Inability to predict the outcome or time frame for completion of the investigation.
  • Potential for material weaknesses in internal control over financial reporting to be reported.
  • Postponement of third quarter earnings release and conference call until Form 10-Q filing date is confirmed.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-0.4%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.2%

Avg return

30 days after

49%

33 / 68 earnings

Positive

+30.3%

Q4 2018

Best reaction

-14.9%

Q1 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+1.0%+3.5%
Q3 2026-10.7%-7.5%-9.6%
Q2 2026+1.4%+2.6%+1.7%
Q1 2026-4.6%-0.7%+1.8%
Q2 2025+0.3%+0.0%+11.7%
Q3 2025+1.4%-0.7%+2.7%
Q1 2025+5.2%+3.3%+5.3%
Q4 2024-12.2%-13.2%-9.8%
Q3 2024-7.7%-9.3%-12.7%
Q2 2024+13.6%+17.8%+29.2%
Q1 2024-1.5%-2.4%-5.8%
Q4 2023-0.5%-1.4%-6.5%
Q3 2023-0.4%+1.1%-6.1%
Q2 2023+9.2%+10.3%+15.8%
Q1 2023-6.1%-6.0%-8.6%
Q4 2022+1.6%+2.8%-3.7%
Q3 2022-4.6%-5.8%+6.1%
Q2 2022+2.5%+2.9%+1.1%
Q1 2022-3.9%-2.6%-1.9%
Q4 2021-2.8%-5.1%-5.0%
Q3 2021+7.6%+9.0%+20.1%
Q2 2021+0.2%+11.1%+19.1%
Q1 2021+2.1%+6.2%+1.1%
Q4 2020-1.6%-3.2%-8.8%
Q3 2020-4.3%-4.9%-8.9%
Q2 2020-11.0%-9.8%-3.8%
Q1 2020-5.8%-9.8%-9.5%
Q4 2019+15.0%+12.0%+14.4%
Q3 2019+3.3%+0.3%+6.2%
Q2 2019-2.0%-4.5%-10.4%
Q1 2019-13.2%-16.9%-11.8%
Q4 2018+30.3%+36.8%+37.1%
Q3 2018+1.2%+9.2%+8.7%
Q2 2018-5.4%-2.1%-6.0%
Q1 2018-3.8%-9.2%-8.5%
Q4 2017-4.7%-5.5%-6.5%
Q3 2017+15.6%+6.7%-4.8%
Q2 2017+4.9%-0.1%+10.8%
Q1 2017+3.9%+3.2%+3.0%
Q4 2016+4.3%+1.6%+1.5%
Q3 2016-2.5%
Q2 2016-0.0%
Q1 2016-14.0%
Q4 2015+6.9%
Q3 2015+6.5%
Q2 2015-6.0%
Q1 2015-3.9%
Q4 2014-4.4%
Q3 2014+7.9%
Q2 2014+1.3%
Q1 2014-5.0%
Q4 2013-2.5%
Q3 2013+0.3%
Q2 2013-2.2%
Q1 2013+2.3%
Q4 2012-0.2%
Q3 2012+3.1%
Q2 2012+3.1%
Q1 2012+1.9%
Q4 2009-1.5%
Q4 2011-1.5%
Q3 2010+3.4%
Q3 2011+3.4%
Q2 2011+1.1%
Q2 2010+1.1%
Q1 2010-14.9%
Q4 2010-14.9%
Q1 2011-14.9%

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