Universal Corporation has released its financial results, revealing a consolidated operating income of $42.76 million for the three months ended March 31, 2025, compared to $68.198 million in the same period of the previous year. For the fiscal year ended March 31, 2025, the company reported a consolidated operating income of $232.797 million, up from $222.009 million in the prior fiscal year. The company's adjusted diluted earnings per share $(EPS)$ were reported at $0.80 for the three months ended March 31, 2025, compared to $1.79 in the same period of the previous year. For the full fiscal year, adjusted diluted EPS stood at $4.63, down from $5.08 in the previous fiscal year. Universal Corporation addressed a significant financial decision made in the fourth quarter of fiscal year 2024, where it settled a previously contested value-added tax assessment in Brazil through a voluntary government-sponsored program. This settlement is expected to eliminate any future litigation regarding the matter. The company did not provide specific outlook or guidance in the reported results.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.