California Resources Corporation: Surging Earnings Estimates Signal Upside for Stock

California Resources Corporation's (CRC) earnings estimates have surged, indicating a strong upside for the stock. Analysts' optimism on CRC's earnings prospects has led to a significant revision in estimates, which should positively impact the stock price. CRC carries a Zacks Rank #1 (Strong Buy), with a 233.2% increase in the Zacks Consensus Estimate for the next quarter. The stock has added 17.1% over the past four weeks, suggesting a positive trend.