Tejon Ranch Co reports results for the quarter ended in January 1 - Earnings Summary

Tejon Ranch Co

07/11/2024 17:18

* Tejon Ranch Co  TRC.N  reported a quarterly adjusted loss
of 7
cents​​ per share for the quarter ended January 1, lower than
the same quarter last year, when the company reported EPS of -1
cents.  The lone analyst forecast for the quarter was for a loss
of one cent per share. 
    * Revenue rose 6.3% to $10.86 million from a year ago;
analysts
expected $10.19 million. 
    * Tejon Ranch Co's reported EPS for the quarter was a loss
of 7
cents​.
    * The company reported a quarterly loss of $1.84 million.
    * Tejon Ranch Co shares had fallen by 0.3% this quarter and
gained 1.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 133.3% 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
$26.25 

This summary was machine generated from LSEG data November 7 at
05:18 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
 Sep. 30 2024      -0.01          -0.07          Missed
 Jun. 30 2024      -0.03          0.04           Beat
 Mar. 31 2024      0.08           -0.03          Missed
 Dec. 31 2023      -0.01          0.06           Beat