Brief: Tejon Ranch Reports Fourth Quarter 2022 Results

Tejon Ranch Co

08/03/2023 14:18

March 8 (Reuters) - Tejon Ranch Co  TRC.N :
    * . ANNOUNCES FOURTH QUARTER AND YEAR-ENDED DECEMBER 31,
2022
FINANCIAL RESULTS
    * EXPECT PRICES TO REMAIN LOW UNTIL INDUSTRY INVENTORY
LEVELS ARE
REDUCED, WHICH MAY NOT HAPPEN UNTIL AFTER 2023
    * WITH HIGHER SWP ALLOCATION IN 2023 WE ANTICIPATE DEMAND
FOR
WATER TO BE LOWER THAN IN PREVIOUS YEARS
    * Q4 EARNINGS PER SHARE VIEW $0.01, REVENUE VIEW $12.0
MILLION --
REFINITIV IBES DATA

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