California Resources: Q3 Earnings Insights

California Resources (NYSE:CRC) reported its Q3 earnings results on Thursday, November 3, 2022 at 08:30 AM.

Here's what investors need to know about the announcement.

California Resources beat estimated earnings by 0.69%, reporting an EPS of $1.45 versus an estimate of $1.44.

Revenue was up $537.00 million from the same period last year.

Last quarter the company missed on EPS by $0.85 which was followed by a 3.02% drop in the share price the next day.

Here's a look at California Resources's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1.98	1.26	2.13	0.70
EPS Actual	1.13	1.13	2.13	1.83
Revenue Estimate	516.56M	468.57M	543.94M	483.60M
Revenue Actual	747.00M	153.00M	634.00M	588.00M

To track all earnings releases for California Resources visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.