California Resources (NYSE:CRC) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $0.78 by 37.18 percent. This is a 42.67 percent increase over earnings of $0.75 per share from the same period last year. The company reported quarterly sales of $912.00 million which beat the analyst consensus estimate of $861.21 million by 5.90 percent. This is a 100.88 percent increase over sales of $454.00 million the same period last year.