Tejon Rance Q1 2024 EPS $(0.03) Down From $0.07 YoY, Revenue $9.5M Down From $14.6M YoY
Portfolio Pulse from Benzinga Newsdesk
Tejon Ranch reported a Q1 2024 EPS of $(0.03), a decrease from $0.07 YoY, with revenue falling to $9.5M from $14.6M YoY.
May 07, 2024 | 1:20 pm
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NEGATIVE IMPACT
Tejon Ranch's Q1 2024 earnings report shows a significant decrease in both EPS and revenue compared to the previous year.
The reported decrease in both earnings per share (EPS) and revenue for Tejon Ranch in Q1 2024 compared to the previous year indicates a negative performance trend, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100