California Resources Reports Q3 Non-GAAP EPS of $1.17, Exceeding Estimates

California Resources (CRC) reported third-quarter financial results featuring a Non-GAAP earnings per share (EPS) of $1.17, which surpassed analyst expectations by $0.20. The company's total operating revenue for the quarter reached $421 million. When excluding net gains or losses from commodity derivatives, California Resources reported total operating revenues of approximately $1.096 billion. Following these results, the company provided updated guidance regarding its fourth-quarter 2026 performance and preliminary outlook for 2027.

By Harsh Shukla, SA News Editor · Seeking Alpha ·

California Resources Reports Q3 Non-GAAP EPS of $1.17, Exceeding Estimates

Tickers: $CRC

Topics: earnings beat financial guidance revenue report

Read the full article at Seeking Alpha

Part of the story St. Joe Reports Q3 GAAP EPS of $0.65 and Revenue of $156.2 Million (30 articles)

More World news