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

Tejon Ranch Co

06/08/2024 14:32

* Tejon Ranch Co  TRC.N  reported quarterly adjusted
earnings of 4
cents​​ per share for the quarter ended in June, higher 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 3 cents per share. 
    * Revenue fell 6.7% to $5.69 million from a year ago;
analysts
expected $7.50 million. 
    * Tejon Ranch Co's reported EPS for the quarter was 4
cents​.
    * The company reported quarterly net income of $957
thousand.
    * Tejon Ranch Co shares had fallen by 1.7% this quarter and
lost 2.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 250%
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 August 6 at
01:32 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
 Jan. 1 0001       -0.03          0.04           Beat
 Mar. 31 2024      0.08           -0.03          Missed
 Dec. 31 2023      -0.01          0.06           Beat
 Sep. 30 2023      -0.03          -0.01          Beat