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Tejon Ranch Co (TRC.N)

TRC.N on New York Stock Exchange

21.24USD
19 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Tejon Ranch Company announces terms for rights offering to stockholders
Monday, 18 Sep 2017 06:10pm EDT 

Sept 18 (Reuters) - Tejon Ranch Co ::Says ‍each subscription right to entitle holder to buy 0.2 shares of common stock using purchase price of $18.00/whole share​.Announces terms for rights offering to stockholders.Says ‍assuming rights offering is fully subscribed, Tejon currently expects gross proceeds of offering to be approximately $75 million​.  Full Article

Tejon Ranch Company announces terms for rights offering to stockholders
Monday, 18 Sep 2017 09:15am EDT 

Sept 18 (Reuters) - Tejon Ranch Co :Tejon Ranch Company announces terms for rights offering to stockholders.Tejon Ranch Co - ‍assuming rights offering is fully subscribed, Tejon currently expects gross proceeds of offering to be approximately $75 million​.Tejon Ranch - ‍each subscription right will entitle holder to purchase 0.199693 shares of common stock using purchase price of $18.00 per whole share​.  Full Article

Tejon Ranch Q2 revenue $7.9 million
Tuesday, 8 Aug 2017 09:15am EDT 

Aug 8 (Reuters) - Tejon Ranch Co :Tejon Ranch reports second quarter and year-to-date 2017 results of operations.Q2 earnings per share $0.00.Revenues and other income for Q2 of 2017 were $7.9 million, a decrease of $0.9 million, or 10.2%.Says "‍believes variability of its operating results will continue through remainder of 2017 due to seasonal nature of farming activities​".Says farm revenues may be adversely impacted in 2017 versus 2016, due to recent declines in almond prices, uncertainties related to overall crop production.Company does not expect to generate additional mineral resource revenue from excess water sales for remainder of 2017.Expects harvest of almonds to begin in early august and at that time will be able to better estimate 2017 crop.  Full Article

Tejon Ranch Q1 loss per share $0.09
Monday, 8 May 2017 09:15am EDT 

May 8 (Reuters) - Tejon Ranch Co :Tejon ranch co. Reports first quarter 2017 results of operations.Q1 loss per share $0.09.Tejon ranch - revenues and other income for q1 of 2017 were $6.2 million, a decrease of $8.4 million, or 57%, compared to $14.6 million for same period in 2016.Tejon ranch co - "will continue to aggressively pursue development, leasing, and investment within tejon ranch commerce center and in its joint ventures".Tejon ranch co - farm revenues may be adversely impacted in 2017, compared with 2016.Tejon ranch co - believe variability of our operating results will continue through remainder of 2017 due to seasonal nature of our farming activities. Mineral resource revenue from excess water sales is expected to be negatively impacted in 2017.  Full Article

Tejon Ranch Q4 loss per share $0.01
Thursday, 9 Mar 2017 05:32pm EST 

Tejon Ranch Co : Tejon Ranch Co reports fourth-quarter and full-year 2016 results of operations . Q4 loss per share $0.01 . Tejon Ranch - revenues, other income, including equity in earnings of unconsolidated joint ventures, for q4 2016 were $15.3 million, decrease of $2.0 million .Tejon Ranch - "believes variability of its quarterly and annual operating results will continue during 2017".  Full Article

Tejon Ranch says on Nov 30, unit entered into 2 amendments
Tuesday, 6 Dec 2016 03:32pm EST 

Tejon Ranch Co : Tejon Ranch Co - on Nov 30, unit entered into 2 amendments to second amended and restated limited liability company agreement of centennial founders .Tejon Ranch - as of effective date of first, second amendments all parties other than TRC elected to become non-funding members.  Full Article

Tejon Ranch reports Q2 loss per share $0.03
Monday, 8 Aug 2016 04:15pm EDT 

Tejon Ranch Co. Reports Year : To-Date and second quarter 2016 results of operations . Q2 revenue fell 2 percent to $6.8 million .Q2 loss per share $0.03.  Full Article

BRIEF-Tejon Ranch Company announces terms for rights offering to stockholders

* Says ‍each subscription right to entitle holder to buy 0.2 shares of common stock using purchase price of $18.00/whole share​