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California Resources (CRC) Earnings Date, Estimates & Call Transcripts

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$50.56 -0.42 (-0.82%)
(As of 12/20/2024 05:31 PM ET)

California Resources Latest Earnings Summary

Actual EPS
(Nov. 5)
$1.50 Beat By $0.62
Consensus EPS
(Nov. 5)
$0.88

California Resources announced Q3 2024 earnings on November 5, 2024, reporting an EPS of $1.50, which beat the consensus estimate of $0.88 by $0.62. Quarterly revenue rose 194.1% year-over-year to $1.35 billion, above analysts' expectations of $973.13 million. With a trailing EPS of $6.35 and a P/E Ratio of 7.96, California Resources' earnings are expected to decrease -1.40% next year, from $3.58 to $3.53 per share.

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CRC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CRC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

California Resources Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$0.52$0.52$0.52
Q2 20241$0.19$0.19$0.19
Q3 20241$1.01$1.01$1.01
Q4 20242$0.76$0.89$0.83
FY 20245$2.48$2.61$2.55
Q1 20251$0.76$0.76$0.76
Q2 20251$0.69$0.69$0.69
Q3 20251$1.48$1.48$1.48
Q4 20251$0.97$0.97$0.97
FY 20254$3.90$3.90$3.90

California Resources Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/5/2024Q3 2024$0.88$1.50+$0.62-$0.78$973.13M$1.35B
8/6/2024Q2 2024$0.96$0.60 -$0.36$1.09$477.07M$514.00M
5/7/2024Q1 2024$0.58$0.75+$0.17$1.64$490.21M$454.00M
2/27/2024Q4 2023$1.01$0.93 -$0.08-$0.74$553.47M$726.00M
11/1/2023Q3 2023$0.79$1.02+$0.23$2.36$524.16M$460.00M
7/31/2023Q2 2023$0.86$0.53 -$0.33-$0.29$535.59M$591.00M
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5/1/2023Q1 2023$2.09$2.63+$0.54$1.17$746.35M$1.02B
2/24/2023Q4 2022$1.77$1.24 -$0.53$1.37$639.65M$682.00M

California Resources Earnings - Frequently Asked Questions

California Resources (NYSE:CRC) last announced its quarterly earning data on Tuesday, November 5, 2024. Learn more on CRC's earnings history.

In the previous quarter, California Resources (NYSE:CRC) reported $1.50 earnings per share (EPS) to beat the analysts' consensus estimate of $0.88 by $0.62. Learn more on analysts' earnings estimate vs. CRC's actual earnings.

The conference call for California Resources's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for California Resources's latest earnings report can be read online.
Read Transcript

California Resources's earnings report can be found in their filing with the SEC.
View SEC filing

California Resources (NYSE:CRC) has a recorded annual revenue of $2.64 billion.

California Resources (NYSE:CRC) has a recorded net income of $564 million. CRC has generated $6.35 earnings per share over the last four quarters.

California Resources (NYSE:CRC) has a trailing price-to-earnings ratio of 7.96 and a forward price-to-earnings ratio of 14.12. The price/earnings-to-growth ratio is 1.35.

California Resources's earnings are expected to decrease from $3.58 per share to $3.53 per share in the next year, which is a -1.40% change.

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This page (NYSE:CRC) was last updated on 12/22/2024 by MarketBeat.com Staff
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