California Resources (CRC) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

The upcoming report from California Resources Corporation (CRC) is expected to reveal quarterly earnings of $0.49 per share, indicating a decline of 46.2% compared to the year-ago period. Analysts forecast revenues of $786.68 million, representing a decline of 10.3% year over year.The current level reflects a downward revision of 26.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial project ...