=California Resources Corp (CRC) reported earnings on Thur 1 Nov 2018 (a/h)

California Resources Corp beats by $0.07, beats on revs

• Reports Q3 (Sep) earnings of $0.81 per share, $0.07 better than the S&P Capital IQ Consensus of $0.74; revenues rose 86.1% year/year to $828 mln vs the $689.83 mln S&P Capital IQ Consensus
• Co produced 136,000 BOE per day, which reflects an increase of 6% over the prior year period and the midpoint of the previous guidance range

Looking ahead:

• Co issued fourth quarter of 2018 production guidance of 136,000 to 139,000 BOE per day reflecting continued production growth