Benzinga | May 13, 2021 09:15AM EDT

California Resources Q1 Adj. EPS $1.22 Up From $(1.22) YoY, Sales $363.00M Beat $285.10M Estimate

California Resources (NYSE:CRC) reported quarterly earnings of $1.22 per share. This is a 200 percent increase over losses of $(1.22) per share from the same period last year. The company reported quarterly sales of $363.00 million which beat the analyst consensus estimate of $285.10 million by 27.32 percent. This is a 36.65 percent decrease over sales of $573.00 million the same period last year.