Tejon Ranch (TRC) Swings to Q4 Profit

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Tejon Ranch Co. Reports 2014 Results of Operations

March 16, 2015 9:15 AM EDT

TEJON RANCH, Calif.--(BUSINESS WIRE)-- Tejon Ranch Co. (NYSE: TRC) today released the results of operations for the year ended December 31, 2014, with the Company showing net income attributable to common stockholders of $5,655,000, or $0.27 per common share, compared to net income attributable to common stockholders of $4,165,000, or $0.20 per common share, for the same period in 2013, which is a 37% increase year-over-year. Revenue from operations for the year ended December 31, 2014 was $51,252,000, a 13% increase compared to the $45,338,000 of revenue for the same period during 2013. All per share references in this release are presented on a fully diluted... More