Tejon Ranch Co. posts $1.7 million net income in Q3 2025

Reuters

11/06

<a href="https://laohu8.com/S/TRC">Tejon Ranch Co</a>. posts $1.7 million net income in Q3 2025

Tejon Ranch Co. reported GAAP net income attributable to common stockholders of $1.7 million, or $0.06 per share, for the third quarter of 2025, compared to a net loss of $1.8 million, or $0.07 per share, in the same period of 2024. Adjusted EBITDA for the nine months ended September 30, 2025, was $13.9 million, up from $12.9 million a year earlier. Farming segment revenues rose to $4.3 million, a 34% increase from $3.2 million in the prior year period. The company's TRCC industrial portfolio, totaling 2.8 million square feet, was 100% leased as of September 30, 2025. In October, Tejon Ranch Co. reduced its workforce by about 20%, aiming for estimated annual savings of $2.0 million across all segments. The company expects further growth with continued lease-up at Terra Vista and the upcoming opening of the Hard Rock Tejon Casino.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tejon Ranch Co. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9570127-en) on November 06, 2025, and is solely responsible for the information contained therein.

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Adjusted EBITDA for the nine months ended September 30, 2025, was $13.9 million, up from $12.9 million a year earlier. Farming segment revenues rose to $4.3 million, a 34% increase from $3.2 million in the prior year period. The company's TRCC industrial portfolio, totaling 2.8 million square feet, was 100% leased as of September 30, 2025. In October, Tejon Ranch Co. reduced its workforce by about 20%, aiming for estimated annual savings of $2.0 million across all segments. The company expects further growth with continued lease-up at Terra Vista and the upcoming opening of the Hard Rock Tejon Casino.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tejon Ranch Co. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9570127-en) on November 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BGHQF748.EUR","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251106:nNDLz57XV:1","article_id":"2581662510","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581662510","pubTimestamp":1762427733,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Tejon Ranch Co. reported GAAP net income attributable to common stockholders of $1.7 million, or $0.06 per share, for the third quarter of 2025, compared to a net loss of $1.8 million, or $0.07 per share, in the same period of 2024. 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Adjusted EBITDA for the nine months ended September 30, 2025, was $13.9 million, up from $12.9 million a year earlier. Farming segment revenues rose to $4.3 million, a 34% increase from $3.2 million in the prior year period. The company's TRCC industrial portfolio, totaling 2.8 million square feet, was 100% leased as of September 30, 2025. In October, Tejon Ranch Co. reduced its workforce by about 20%, aiming for estimated annual savings of $2.0 million across all segments. The company expects further growth with continued lease-up at Terra Vista and the upcoming opening of the Hard Rock Tejon Casino.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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