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

Tejon Ranch Co

03/08/2023 15:41

* Tejon Ranch Co  TRC.N  reported quarterly adjusted
earnings of 1
cent​​ per share for the quarter ended in June. The lone analyst
forecast for the quarter was for a loss of 2 cents per share.
    * Revenue fell 34.2% to $6.10 million from a year ago;
analysts
expected $9.53 million. 
    * Tejon Ranch Co's reported EPS for the quarter was 1 cent​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Tejon Ranch Co shares had risen by 3.1% this quarter and
lost 5.8% so far this year.
    * The company reported quarterly net income of $267
thousand.
    * Wall Street's median 12-month price target for Tejon Ranch
Co is
$25.75 

This summary was machine generated from LSEG Refinitiv data
August 3 at 02:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          0.01           Beat
 Dec. 31 2022      0.01           0.07           Beat
 Sep. 30 2022      0.16           0.38           Beat