California Resources Corporation (CRC) Q3 Earnings and Revenues Surpass Estimates [Yahoo! Finance]
California Resources Corporation (CRC)
NASDAQ:AMEX Investor Relations:
crc.com/investor-relations
Company Research
Source: Yahoo! Finance
This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 68.54%. A quarter ago, it was expected that this company would post earnings of $0.96 per share when it actually produced earnings of $0.60, delivering a surprise of -37.50%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. California Resources , which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, posted revenues of $1.35 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 32.25%. This compares to year-ago revenues of $460 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on
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News
- California Resources Co. (NYSE: CRC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- California Resources' (NYSE:CRC) Earnings Might Be Weaker Than You Think [Yahoo! Finance]Yahoo! Finance
- California Resources Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions [Yahoo! Finance]Yahoo! Finance
- California Resources Co. (NYSE: CRC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- California Resources Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
CRC
Earnings
- 11/5/24 - Beat
CRC
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/7/24 - Form 4
- CRC's page on the SEC website