Tejon Ranch Co (TRC) Q2 2026 Earnings Call

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WEBVTT 00:00:00.878 -- 00:00:06.722 Greetings and welcome to the Tejon Ranch Company second quarter 2026 earnings call. 00:00:06.722 -- 00:00:09.764 At this time, all participants are in a listen-only mode. 00:00:09.764 -- 00:00:13.727 A question and answer session will follow the formal presentation. 00:00:13.727 -- 00:00:17.890 If anyone should require operator assistance during the conference, please press star 00:00:17.890 -- 00:00:22.353 zero on your telephone keypad. Please note this conference is being recorded. 00:00:22.353 -- 00:00:26.436 I will now turn the conference over to your host, Nick Ortiz. 00:00:26.436 -- 00:00:28.488 Please go ahead. 00:00:28.488 -- 00:00:33.090 Good afternoon and welcome to Tejon Ranch Company's second quarter 2026 earnings call. 00:00:33.090 -- 00:00:37.692 My name is Nick Ortiz. Joining me today are Matthew Walker, President and CEO, and Robert 00:00:37.692 -- 00:00:41.354 Velasquez, Senior Vice President and Chief Financial Officer. 00:00:41.354 -- 00:00:47.257 Today's press release, 10Q, and the webcast are available on our Investor Relations website. 00:00:47.257 -- 00:00:49.938 A replay will be posted after we conclude. 00:00:49.938 -- 00:00:52.919 That site is ir.tejonranch.com. 00:00:53.660 -- 00:00:58.084 Today's remarks, including responses to questions, include forward-looking statements. 00:00:58.084 -- 00:01:01.946 These statements are made under the safe harbor provisions of the Private Securities 00:01:01.946 -- 00:01:07.008 Litigation Reform Act of 1995 and are subject to risks and uncertainties 00:01:07.008 -- 00:01:09.889 that could cause actual results to differ materially. 00:01:09.889 -- 00:01:14.932 Key factors are detailed in our SEC filings, including our most recent forms 10Q 00:01:14.932 -- 00:01:19.954 ...