Universal Corporation (NYSE: UVV) reported fiscal second-quarter 2027 revenue of $621.85 million, down 17.55% from a year earlier and $8.26 million below market expectations. Earnings per share were $0.43, missing estimates by $0.15. The results fell short on both measures, while the company’s earnings summary provided no segment-level detail on the decline or its causes.
Revenue and EPS both miss expectations
Universal’s second-quarter revenue totaled $621.85 million, a year-over-year decrease of 17.55%. It came in $8.26 million below the market estimate. EPS was $0.43, or $0.15 below expectations.
The two comparisons offer different context for investors: the year-over-year change measures performance against the same period last year, while the estimate gap shows how reported results compared with market forecasts. The company’s summary did not include further breakdowns by business segment or a detailed explanation of the quarter’s performance, so the available figures do not identify which operating areas drove the change.
Management cautions that forecasts may differ from actual results
The earnings call was held on November 5, 2026, at 10 a.m. Eastern Time. Universal Vice President and Treasurer Wushuang Ma opened the call. Management participants included Chairman, President and Chief Executive Officer Preston Wigner and Senior Vice President and Chief Financial Officer Steven Diel. Analysts taking part in the investor-relations Q&A included Daniel Harriman of Sidoti & Company and Ann Gurkin of Davenport & Company’s research division.
Ma said forward-looking statements made during the call reflected information available to the company on that date and were based on assumptions about future events. Actual results, performance or achievements could differ materially from the expectations expressed or implied in those statements. Except where required by law, the company said it had no obligation to update them. Ma also directed listeners to Universal’s filings with the U.S. Securities and Exchange Commission and the risk disclosures in the earnings release for the period.
Some figures may be unaudited; non-GAAP measures require reconciliation
Universal noted that some information presented on the call could be based on unaudited allocations and might later be reclassified. Management could also refer to non-GAAP financial measures. Definitions of those measures and reconciliations to the closest comparable GAAP measures are available in the company’s earnings release and other public materials.
The available call remarks consisted mainly of opening comments and the earnings summary. They did not provide further management explanation of the revenue decline or the gap between reported results and expectations.