California Resources (NYSE:CRC) reported quarterly earnings of $0.88 per share which beat the analyst consensus estimate of $0.85 by 3.53 percent. This is a 17.76 percent decrease over earnings of $1.07 per share from the same period last year. The company reported quarterly sales of $119.000 million which missed the analyst consensus estimate of $936.631 million by 87.29 percent. This is a 86.95 percent decrease over sales of $912.000 million the same period last year.