Tejon Ranch Co. (NYSE:TRC) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
|Item2.02||Results of Operations and Financial Condition|
On March9, 2017, the Company issued a press release announcing
its results of operations for the three months and twelve months
ending December31, 2016. A copy of this press release is attached
as Exhibit 99.1. The information contained in this report on Form
8-K, including Exhibit 99.1, shall not be deemed filed with the
Securities and Exchange Commission nor incorporated by reference
in any registration statement filed by the Company under the
Securities Act of 1933, as amended, unless specified otherwise.
|Item9.01||Financial Statements and Exhibits|
Exhibit 99.1 – Press Release of the Company dated March9, 2017,
announcing the Companys results of operations for the three
months and twelve months ending December31, 2016.
Table of Contents
About Tejon Ranch Co. (NYSE:TRC)
Tejon Ranch Co. is a diversified real estate development and agribusiness company. The Company operates through five business segments: commercial/industrial real estate development; resort/residential real estate development; mineral resources; farming, and ranch operations. Its commercial/industrial real estate development segment is engaged in building, land lease activities, and land and building sales. The resort/residential real estate development segment is involved in the land entitlement and development process. Within its resort/residential segment, the three active developments are MV, Centennial and Grapevine. Its mineral resources segment includes oil and gas royalty leases, rock and aggregate mining leases, a lease with National Cement and sales of water. The farming segment is engaged in the sale of wine grapes, almonds and pistachios. The Ranch Operations segment consists of grazing leases, game management, and other ancillary services supporting the ranch. Tejon Ranch Co. (NYSE:TRC) Recent Trading Information
Tejon Ranch Co. (NYSE:TRC) closed its last trading session up +0.09 at 21.58 with 72,846 shares trading hands.