California Resources (NYSE:CRC) reported quarterly earnings of $1.46 per share which beat the analyst consensus estimate of $1.26 by 16.06 percent. This is a 2.67 percent decrease over earnings of $1.50 per share from the same period last year. The company reported quarterly sales of $855.000 million which missed the analyst consensus estimate of $859.151 million by 0.48 percent. This is a 36.81 percent decrease over sales of $1.353 billion the same period last year.