Preview: California Resources's Earnings
Portfolio Pulse from Benzinga Insights
California Resources (NYSE:CRC) is set to release its latest quarterly earnings report on Monday, 2023-07-31. Analysts estimate an earnings per share (EPS) of $0.71. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $51.45 and has seen a 17.32% increase over the last 52-week period.
July 28, 2023 | 3:01 pm
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NEUTRAL IMPACT
California Resources is expected to report an EPS of $0.71 in its upcoming earnings. The company's past earnings have had a mixed impact on its share price. The stock has seen a 17.32% increase over the last 52 weeks.
The upcoming earnings report is a significant event for California Resources. While past earnings have had a mixed impact on the share price, the overall trend for the stock has been positive over the last 52 weeks. However, the actual impact of the earnings report will depend on whether the company meets or exceeds the estimated EPS and the guidance it provides for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100