California Resources (NYSE:CRC) reported quarterly earnings of $0.99 per share which missed the analyst consensus estimate of $1.43 by 30.77 percent. This is a 10 percent decrease over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $1.297 billion which beat the analyst consensus estimate of $976.559 million by 32.81 percent. This is a 32.62 percent increase over sales of $978.000 million the same period last year.