The earnings call presented a generally positive outlook with strong improvements in farming revenues, real estate leasing, and overall net income. However, challenges such as staff reductions, reduced traffic affecting joint venture earnings, and the lengthy process for master planned communities were highlighted. The sentiment leans towards positive due to significant improvements in key areas.

Company Guidance

During the Tejon Ranch Company's Third Quarter 2025 Earnings Call, several key metrics were highlighted to provide guidance on the company's performance and future outlook. The farming operations showed significant improvement, with revenues increasing by over 50% year-over-year and a $2 million improvement in the bottom line, attributed to stable expenses and higher production. The industrial portfolio at Tejon Ranch Commerce Center (TRCC) remained 100% leased, while the commercial portfolio was 95% leased, and outlets maintained a 90% occupancy rate. The joint ventures, particularly the five industrial JVs with Majestic Realty, contributed stable cash flow, with TRCC maintaining a 40% cost advantage compared to the Inland Empire West. The TA/Petro joint venture, a major profit center, faced reduced traffic impacting sales, but the upcoming opening of the Hard Rock Tejon Casino is expected to boost traffic and benefit retail assets. Terra Vista at Tejon, the company's first multifamily community, is more than halfway leased, marking a milestone in their long-term strategy to develop a residential community around the commercial center. The company also reported a net income of $1.7 million, total revenues of $12 million, and a debt to total capitalization ratio of 16%, with a year-to-date capital investment of $49.9 million.

Significant Increase in Farming Revenues

Farming operations delivered strong year-over-year improvement with revenues increasing by more than 50%. The segment's bottom line in GAAP terms improved by $2 million as expenses were held flat.

Solid Performance in Real Estate and Leasing

The Tejon Ranch Commerce Center remains an attractive logistics solution with the industrial portfolio 100% leased, commercial portfolio 95% leased, and outlets maintaining a 90% occupancy.

Substantial Improvement in Net Income

Tejon Ranch reported net income of $1.7 million compared to a net loss of $1.8 million in the same period last year. Total revenues were up 10% year-over-year.

Positive Cash Flow from Farming

Farming has been a positive cash generator with adjusted EBITDA positive in 11 out of the last 12 years.

New Casino Expected to Boost Traffic

The opening of the new $600 million Hard Rock Tejon Casino is anticipated to increase traffic to the Tejon Ranch Commerce Center, benefiting retail assets.

Tejon Ranch Company (TRC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TRC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 11, 2026	2025 (Q4)	0.05 / -	0.17	―	―	―
Nov 06, 2025	2025 (Q3)	0.01 / 0.06	-0.07	185.71% (+0.13)	―
Aug 07, 2025	2025 (Q2)	-0.02 / -0.06	0.04	-250.00% (-0.10)	―	―
May 08, 2025	2025 (Q1)	- / -0.05	-0.03	-66.67% (-0.02)	―	―
Mar 06, 2025	2024 (Q4)	0.03 / 0.17	0.06	183.33% (+0.11)	―	―
Nov 07, 2024	2024 (Q3)	-0.01 / -0.07	-0.01	-600.00% (-0.06)	―	―
Aug 06, 2024	2024 (Q2)	-0.03 / 0.04	0.01	300.00% (+0.03)	―	―
May 07, 2024	2024 (Q1)	0.08 / -0.03	0.07	-142.86% (-0.10)	―	―
Mar 06, 2024	2023 (Q4)	-0.01 / 0.06	0.07	-14.29% (-0.01)	―	―
Nov 07, 2023	2023 (Q3)	-0.03 / -0.01	0.38	-102.63% (-0.39)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TRC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 06, 2025	$15.97	$15.74	-1.44%
Aug 07, 2025	$18.41	$17.01	-7.60%
May 08, 2025	$17.16	$16.48	-3.96%
Mar 06, 2025	$15.33	$16.03	+4.57%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Tejon Ranch Company (TRC) report earnings?

Tejon Ranch Company (TRC) is schdueled to report earning on Mar 11, 2026, Before Open (Confirmed).

What is Tejon Ranch Company (TRC) earnings time?

Tejon Ranch Company (TRC) earnings time is at Mar 11, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TRC EPS forecast?

TRC EPS forecast for the fiscal quarter 2025 (Q4) is 0.05.

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