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Recap: Tejon Ranch Q1 Earnings

  Tejon Ranch (NYSE:TRC) reported its Q1 earnings results on Monday, May 9, 2022 at 09:15 AM. Here's what investors need to know about the announcement.

 

Tejon Ranch (NYSE:TRC) reported its Q1 earnings results on Monday, May 9, 2022 at 09:15 AM.

Here’s what investors need to know about the announcement.

Earnings

Tejon Ranch beat estimated earnings by 900.0%, reporting an EPS of $0.16 versus an estimate of $-0.02.

Revenue was up $9.97 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 1.94% increase in the share price the next day.

Here’s a look at Tejon Ranch’s past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.01 0.02 -0.03 -0.03
EPS Actual 0.13 0.01 0.11 -0.04
Revenue Estimate 9.39M 13.71M 4.82M 4.82M
Revenue Actual 12.96M 14.96M 16.64M 11.05M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Tejon Ranch visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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