California Resources Corporation (CRC) Surpasses Q3 Earnings Estimates

分组1 - California Resources Corporation (CRC) reported quarterly earnings of $1.46 per share, exceeding the Zacks Consensus Estimate of $1.31 per share, but down from $1.5 per share a year ago, resulting in an earnings surprise of +11.45% [1] - The company posted revenues of $855 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 2.74%, and down from $1.35 billion year-over-year [2] - Over the last four quarters, California Resources has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] 分组2 - The stock has underperformed the market, losing about 9.1% since the beginning of the year compared to the S&P 500's gain of 16.5% [3] - The current consensus EPS estimate for the coming quarter is $0.61 on revenues of $806.46 million, and for the current fiscal year, it is $4.15 on revenues of $3.44 billion [7] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - United States is currently in the bottom 20% of over 250 Zacks industries, indicating potential challenges for the sector [8]