Brief: Tejon Ranch Co Announces Second Quarter 2023 Financial Results

Tejon Ranch Co

03/08/2023 14:33

Aug 3 (Reuters) - Tejon Ranch Co  TRC.N :
    * TEJON RANCH CO. ANNOUNCES SECOND QUARTER 2023 FINANCIAL
RESULTS
    * TEJON RANCH CO Q2 GAAP EARNINGS PER SHARE $0.01
    * TEJON RANCH CO - CURRENT SUBJECTIVE ESTIMATE FOR 2023
ALMOND
CROP IS 2.6 BILLION POUNDS WHICH IS CONSISTENT WITH 2022
    * TEJON RANCH CO - FARMING OPERATIONS DURING 2023 WILL
CONTINUE TO
BE IMPACTED BY HIGHER COSTS
    * TEJON RANCH CO - HIGHER THAN HISTORICALLY NORMAL ALMOND
INVENTORY LEVELS ANTICIPATED TO HAVE ADVERSE EFFECT ON SELLING
PRICES FOR REMAINDER OF 2023

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