California Resources reports Q3 adjusted EPS $1.46, consensus $1.27

Reports Q3 revenue $855M, consensus $887.46M. “I am very proud of the solid results the CRC team posted this quarter which demonstrate the strength of the CRC business model and our disciplined approach to creating long term shareholder value,” said Francisco Leon, CEO. “Our continued focus on execution, including the pending merger with Berry, coupled with our strong balance sheet, and robust liquidity profile distinguishes us from our peers and positions us to create further value for our shareholders on the road ahead.”