Tejon Ranch Co reports results for the quarter ended in December - Earnings Summary

Tejon Ranch Co

06/03/2024 22:06

* Tejon Ranch Co  TRC.N  reported quarterly adjusted
earnings of 6
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 7
cents.  The lone analyst forecast for the quarter was for a loss
of one cent per share. 
    * Revenue fell 7.4% to $16.17 million from a year ago;
analysts
expected $14.27 million. 
    * Tejon Ranch Co's reported EPS for the quarter was 6
cents​.
    * The company reported quarterly net income of $1.57
million.
    * Tejon Ranch Co shares had fallen by 4.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 
    * Wall Street's median 12-month price target for Tejon Ranch
Co is
$26.00 

This summary was machine generated from LSEG data March 6 at
10:06 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.01          0.06           Beat
 Sep. 30 2023      -0.03          -0.01          Beat
 Jun. 30 2023      -0.02          0.01           Beat