Newhall Land reports improved first quarter revenue and earnings, although most growth is expected in second half.
Business Wire (April 20, 1995)
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Newhall Land reports improved first quarter revenue and earnings, although most growth is expected in second half.
VALENCIA, Calif.--(BUSINESS WIRE)--April 20, 1995--The Newhall Land and Farming Co. (NYSE/PSE:NHL) Thursday reported first quarter earnings were $386,000, or 1 cent per unit, vs. a net loss of $3.6 million, or 10 cents per unit, for the first quarter of 1994.
The prior year quarterly loss was due to earthquake damage not covered by insurance. Thomas L. Lee, chairman and chief executive officer, said: "We ant...Try vLex for FREE for 3 days
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