Answer
Based on the excerpt you provided, the press release only announces that Tejon Ranch Co. (NYSE: TRC) has released its financial results for the three‑ and six‑month periods ending June 30 2025. The summary does not include any of the actual performance figures—such as revenue, net income, earnings per share (EPS), operating cash flow, or any other key metrics—that would allow a direct comparison to:
- “Last year’s quarter” (i.e., the same three‑month period ending June 30 2024), or
- “The same quarter in 2024” (which is effectively the same as #1, since the quarter ending June 30 2024 is the comparable period for 2024).
Without those quantitative details, we cannot determine whether the company’s results represent an improvement, decline, or remain flat relative to the prior year’s quarter.
What would be needed to answer the question
To evaluate the performance change, the press release (or a more detailed earnings filing) would typically disclose figures such as:
| Metric | Q2 2025 (reported) | Q2 2024 (prior‑year) | % Change YoY |
|---|---|---|---|
| Revenue (or net revenue) | |||
| Net income (or loss) | |||
| Adjusted EBITDA | |||
| Diluted EPS (GAAP / Adjusted) | |||
| Operating cash flow | |||
| Gross margin / operating margin | |||
| Any segment‑specific performance (e.g., real‑estate development, agribusiness) |
With those numbers, we could calculate the year‑over‑year (YoY) change for each metric and provide a narrative such as:
- “Revenue grew 12 % YoY, driven by strong land‑sale activity in the agribusiness segment.”
- “Net income declined 8 % YoY, reflecting higher development costs and a one‑time write‑down of under‑performing assets.”
- “Adjusted EPS increased 15 % YoY, indicating improved profitability after excluding non‑recurring items.”
Suggested next steps
- Locate the full earnings release – The complete press release (or the company’s Form 10‑Q/10‑K filing) will list the financial tables and management’s discussion of results.
- Extract the key figures – Identify the Q2 2025 numbers and the comparable Q2 2024 numbers.
- Perform the YoY comparison – Compute percentage changes and, if relevant, note any non‑recurring items or changes in accounting treatment that management highlighted.
- Provide context – Compare the trends to the company’s historical performance, industry benchmarks, or any guidance the company previously issued.
Bottom line
From the information you shared, we don’t have the data needed to compare Tejon Ranch’s Q2 2025 performance to the same quarter in 2024 (or to “last year’s quarter”). If you can supply the specific financial results (e.g., revenue, net income, EPS, etc.) for both periods, I’ll gladly perform a detailed, side‑by‑side comparison and highlight the key take‑aways.