California Resources Corporation (CRC) Surpasses Q1 Earnings and Revenue Estimates

California Resources Corporation (CRC) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of$0.83 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items. While California Resources has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address ...