Tejon Ranch Co (TRC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Tejon Ranch Company fourth quarter 2025 earnings call. At this time, all participants are in a listen-only mode. If anyone wants to require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Nick Ortiz, Senior Vice President of Corporate Communications. Please go ahead. Good afternoon, and welcome to To Home Ranch Company's fourth quarter 2025 earnings call. My name is Nick Ortiz. Joining me today are Matt Walker, President and CEO, and Robert Velasquez, Senior Vice President and Chief Financial Officer. Today's press release, 10K, and this webcast are available on our Investor Relations website. A replay will be posted after we conclude. That site is ir.tohomeranch.com. Today's remarks may include forward-looking statements. These statements are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties that could cause actual results to differ materially. These factors are detailed in our SEC filings, including our most recent forms 10Q and 10K. We assume no obligation to update any forward-looking statements. We may reference non-GAAP measures. These measures should be considered in addition to, not as a substitute for, GAAP results. Reconciliations to the most directly comparable GAAP measures and reasons why we use non-GAAP are included in today's filings and are posted on our website, again, ir.tohoneranch.com. After prepared remarks, we'll address questions. Shareholders were invited to submit questions by email in advance. With that, I'll turn the call over to Matt. Good afternoon. I'm Matt Walker, President and CEO of Tohon Ranch Company. Thank you fo...