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Tejon Ranch faces test of recurring business growth ahead of Q3 earnings release

Earnings Whispers · ·by G4L

TRC
TRC Tejon Ranch Co
$17.55 -1.13%
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  1. 1Tejon Ranch will release its third-quarter results before the US market opens on November 5.
  2. 2The consensus estimate of $0.02 for Tejon Ranch's upcoming earnings per share (EPS) is a decrease of approximately 67% compared to $0.06 in the same period last year.
  3. 3Tejon Ranch's land sale proceeds of $6.9 million last quarter resulted in an additional gain of $2 million from the sale.

So what's the key point?

Tejon Ranch is set to reveal its third-quarter results on November 5. Experts expect earnings per share to be $0.02, which would be a 67% drop from last year.

Source Earnings Whispers · View original ↗

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