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

Reuters11-08

* Tejon Ranch Co 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

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