TEJON RANCH CO

Tejon Ranch Co. announced it will release its second quarter 2026 operating and financial results before the market opens on August 6, 2026. The company will host a conference call on the same day at 5:00 p.m. Eastern Time, with President & CEO Matt Walker and CFO Robert Velasquez providing updates. Investors can submit questions via email by 2:00 p.m. ET on August 6, 2026, and a webcast replay will be available for one year.

Tejon Ranch Co. held its 2026 Annual Meeting of Shareholders on May 13, 2026, where all director nominees were elected and all proposals submitted by the Board were approved. Key approvals included amendments to the Certificate of Incorporation regarding special meeting rights and advance notice requirements for shareholder action. Shareholders also ratified Deloitte & Touche LLP as the independent auditor and approved the advisory vote on named executive compensation.

Tejon Ranch Co. reported a net income of $151,000 for the first quarter of 2026, a significant improvement from a net loss of $1.46 million in the same period last year. The company also substantially reduced its operating loss to $1.13 million from $4.17 million year-over-year. Total revenues increased to $9.50 million, driven by growth in mineral resources, ranch operations, and new multifamily leasing operations.

Tejon Ranch Co. announced strong financial results for the first quarter ended March 31, 2026, with net income attributable to common stockholders rising to $0.2 million from a loss of $1.5 million in the prior year. Revenues and other income increased by 16% to $10.8 million, while operating expenses decreased by 14%. The company also reported a significant increase in Adjusted EBITDA to $4.8 million, driven by growth in mineral resources and ranch operations, and ongoing expansion in its commercial real estate portfolio.

Tejon Ranch Co. and Dedeaux Properties are commencing construction on a 510,385-square-foot Class A industrial facility at the Tejon Ranch Commerce Center (TRCC) in Kern County. This new development, designed for single or multi-tenant use, is expected to be completed in early 2027. The expansion aims to meet accelerating leasing demand and limited industrial supply in Southern California, building on TRCC's fully occupied 7 million square feet of existing industrial space and its strategic location.

Tejon Ranch Co. announced it will release its first quarter 2026 financial results before the market opens on May 7, 2026. Following the release, the company will host a conference call at 5:00 p.m. ET, where President & CEO Matt Walker and CFO Robert Velasquez will discuss recent initiatives and financial performance. Investors can submit questions in advance via email, and a webcast and replay of the call will be available on the company's website.