Brief: Tejon Ranch Co. Announces Q4, FY2018 Results

Tejon Ranch Co

28/02/2019 14:34

Feb 28 (Reuters) - Tejon Ranch Co  TRC.N :
    * . ANNOUNCES FOURTH-QUARTER AND YEAR-ENDED DECEMBER 31,
2018
FINANCIAL RESULTS
    * Q4 EARNINGS PER SHARE $0.01
    * COMPANY CONTINUES EXPANSION OF TEJON RANCH COMMERCE CENTER
    * QTRLY REVENUES AND OTHER INCOME FOR Q4 OF 2018 WERE $13.4
MILLION, A INCREASE OF $0.8 MILLION
    * BELIEVES ITS CAPITAL STRUCTURE PROVIDES A SOLID FOUNDATION
FOR
CONTINUED INVESTMENT IN ONGOING AND FUTURE PROJECTS
    * HAD CASH AND SECURITIES TOTALING APPROXIMATELY $79.7
MILLION AND
$30.0 MILLION AVAILABLE ON ITS LINE OF CREDIT AS OF DECEMBER 31

Source text for Eikon:  ID:nBwxsV30a 
Further company coverage:  TRC.N 

 (Reuters.Briefs@thomsonreuters.com)