Brace yourselves for the unveiling of California Resources Corporation's (NYSE: CRC) third quarter financial results on Tuesday 5th November 2024. This eagerly awaited announcement will take place after market close.
the business is poised to announce an estimated $1.34 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $968.78 million for this period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $2.83 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $3.96 during the fiscal year.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $1.02, attributed to the company's total revenue of $460 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.60 | +13.2% | 514.00 M | -13.0% |
| Q1 2024 | $0.75 | -71.5% | 454.00 M | -55.7% |
| Q4 2023 | $0.93 | -25.0% | 726.00 M | +6.5% |
| Q3 2023 | $1.02 | -29.7% | 460.00 M | -59.1% |
| Q2 2023 | $0.53 | -53.1% | 591.00 M | -20.9% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 6th November 2024 at 01:00 PM eastern time to review the Q3 2024 financial results.
California Resources Corporation (CRC) shares traded as low as $51.65 and as high as $52.89 on a day volume of 419.20 thousand shares, closed Friday's regular trading session at $51.93, downfall of 0.08 percent.
