Tejon Ranch Co. Reports Q$ EPS of $(0.06)

Tejon Ranch Co. TRC today released the results of operations for the year ended December 31, 2010, with the Company showing an increase in revenue from operations of more than $7.26 million and an increase in net income of more than $7.55 million. For the fourth quarter of 2010, the Company had an increase in revenue but showed a loss from operations. For the final three months of 2010, the Company had a net loss of $1,193,000, or $0.06 per common share, compared to a net loss of $262,000, or $0.01 per common share for the fourth quarter of 2009. Revenue from operations for the fourth quarter of 2010 was $10,883,000, compared to $9,828,000 of revenue during the same period in 2009.