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

$54.90
-0.36 (-0.65%)
(As of 04/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 7
After Market Closes
Confirmed
Actual EPS
(Feb. 27)
$0.93 Missed By -$0.08
Consensus EPS
(Feb. 27)
$1.01
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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$0.72$0.72$0.72
Q3 20241$1.57$1.57$1.57
Q4 20241$1.41$1.41$1.41
FY 20244$4.22$4.22$4.22
Q1 20251$1.12$1.12$1.12
Q2 20251$0.99$0.99$0.99
Q3 20251$1.60$1.60$1.60
Q4 20251$1.56$1.56$1.56
FY 20254$5.27$5.27$5.27

CRC Earnings Date and Information

California Resources last issued its quarterly earnings results on February 27th, 2024. The oil and gas producer reported $0.93 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.01 by $0.08. The company earned $726 million during the quarter, compared to analyst estimates of $553.47 million. Its quarterly revenue was up 6.5% on a year-over-year basis. California Resources has generated $7.72 earnings per share over the last year ($7.72 diluted earnings per share) and currently has a price-to-earnings ratio of 7.1. Earnings for California Resources are expected to grow by 53.02% in the coming year, from $4.64 to $7.10 per share. California Resources has confirmed that its next quarterly earnings report will be published on Tuesday, May 7th, 2024. California Resources will be holding an earnings conference call on Wednesday, May 8th at 1:00 PM Eastern. Interested parties can register for or listen to the call..

California Resources Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/7/2024
Confirmed)
-------  
2/27/2024Q4 2023$1.01$0.93($0.08)($0.74)$553.47 million$726.00 million    
11/1/2023Q3 2023$0.79$1.02+$0.23$2.36$524.16 million$460.00 million    
7/31/2023Q2 2023$0.86$0.53($0.33)($0.29)$535.59 million$591.00 million      
5/1/2023Q1 2023$2.09$2.63+$0.54$1.17$746.35 million$1.02 billion
2/24/2023Q4 2022$1.77$1.24($0.53)$1.37$639.65 million$682.00 million      
11/3/2022Q3 2022$1.28$1.45+$0.17($2.68)$755.00 million$1.13 billion
8/3/2022Q2 2022$1.96$1.13($0.83)($0.15)-$747.00 million
5/5/2022Q1 2022$1.14$1.13($0.01)$4.49$443.19 million$153.00 million    
2/24/2022Q4 2021$1.95$2.13+$0.18($4.45)$544.36 million$634.00 million    
11/11/2021Q3 2021$1.32$1.83+$0.51$2.41$522.40 million$588.00 million    
8/5/2021Q2 2021-$0.94+$0.94$3.22-$304.00 million  
5/13/2021Q1 2021-$1.22+$1.22$3.57-$363.00 million

California Resources Earnings - Frequently Asked Questions

When is California Resources's earnings date?

California Resources has confirmed that its next quarterly earnings data will be published on Tuesday, May 7th, 2024. Learn more on CRC's earnings history.

Did California Resources beat their earnings estimates last quarter?

In the previous quarter, California Resources (NYSE:CRC) missed the analysts' consensus estimate of $1.01 by $0.08 with a reported earnings per share (EPS) of $0.93. Learn more on analysts' earnings estimate vs. CRC's actual earnings.

How can I listen to California Resources's earnings conference call?

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

How can I read California Resources's conference call transcript?

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

How much revenue does California Resources generate each year?

California Resources (NYSE:CRC) has a recorded annual revenue of $2.80 billion.

How much profit does California Resources generate each year?

California Resources (NYSE:CRC) has a recorded net income of $564 million. CRC has generated $7.72 earnings per share over the last four quarters.

What is California Resources's price-to-earnings ratio?

California Resources (NYSE:CRC) has a trailing price-to-earnings ratio of 7.11 and a forward price-to-earnings ratio of 11.83.

What is California Resources's EPS forecast for next year?

California Resources's earnings are expected to grow from $4.64 per share to $7.10 per share in the next year, which is a 53.02% increase.


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This page (NYSE:CRC) was last updated on 4/27/2024 by MarketBeat.com Staff

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