California Resources Q2 Adj. EPS $0.99 Misses $1.43 Estimate, Sales $1.297B Beat $976.559M Estimate
California Resources (NYSE:CRC) reported quarterly earnings of $0.99 per share which missed the analyst consensus estimate of $1.43 by 30.77 percent. This is a 10 percent decrease over earnings of $1.10 per share from
California Resources made less profit per share than experts expected, even though they sold more stuff than predicted. When a company misses on profits but beats on sales, it might mean their costs went up or something else ate into their earnings.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.