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Actionable news in CRC: CALIFORNIA RESOURCES CORPORATION,

Can California Resources Corporation (CRC) Keep the Earnings Streak Alive This Quarter?

Looking for a stock that might be in a good position to beat earnings at its next report? Consider California Resources Corporation CRC, a firm in the Oil & Gas - US Exploration & Production industry, which could be a great candidate for another beat.

This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. In fact, in these reports, CRC has beaten estimates by at least 10% in both cases, suggesting it has a nice short-term history of crushing expectations.

Earnings in Focus

Two quarters ago, CRC expected to post a loss of $2.6 per share, while it actually produced a loss of $2.0 per share, a beat of 23.1%. Meanwhile, for the most recent...


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