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Universal Corp. posts 2Q profit

RICHMOND, Va. (AP) _ Universal Corp. (UVV) on Tuesday reported fiscal second-quarter earnings of $26.2 million.

The Richmond, Virginia-based company said it had net income of $1.02 per share.

The leaf tobacco merchant posted revenue of $488.2 million in the period.

Universal Corp. shares have fallen 7 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $59.30, an increase of almost 9 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UVV at https://www.zacks.com/ap/UVV