Tejon Ranch Co. (TRC) reported a profit for fourth quarter that Dropped, from last year
The company's earnings totaled $1.58 million, or $0.06 per share. This compares with $4.48 million, or $0.17 per share, last year.
The company's revenue for the period rose 17.7% to $21.11 million from $17.93 million last year.
Tejon Ranch Co. earnings at a glance (GAAP) :
-Earnings: $1.58 Mln. vs. $4.48 Mln. last year.-EPS: $0.06 vs. $0.17 last year.-Revenue: $21.11 Mln vs. $17.93 Mln last year.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.