California Resources (NYSE:CRC) First Quarter 2025 Results

Key Financial Results

Revenue: US$900.0m (up 71% from 1Q 2024). Net income: US$115.0m (up from US$10.0m loss in 1Q 2024). Profit margin: 13% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. EPS: US$1.27 (up from US$0.14 loss in 1Q 2024).

We've discovered 2 warning signs about California Resources. View them for free.NYSE:CRC Earnings and Revenue Growth May 8th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

California Resources Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 60%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.7% growth forecast for the Oil and Gas industry in the US.

Performance of the American Oil and Gas industry.

The company's shares are up 11% from a week ago.

Valuation

California Resources' financial results now indicate the company's shares could present an opportunity based on 6 important indicators. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.

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