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Tejon: 1Q Earnings Snapshot

LEBEC, Calif. (AP) _ Tejon Ranch Co. (TRC) on Tuesday reported first-quarter net income of $119,000.

On a per-share basis, the Lebec, California-based company said it had net income of less than 1 cent.

The real estate development company posted revenue of $10.7 million in the period.

Tejon shares have increased 12% since the beginning of the year. The stock has decreased 27% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRC at https://www.zacks.com/ap/TRC