CIT Announces Fourth Quarter and Full Year 2016 Results

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CIT Group (CIT) PT Lowered to $41 at Barclays

February 1, 2017 7:56 AM EST

Barclays lowered its price target on CIT Group (NYSE: CIT) to $41.00 (from $43.00) while maintaining a Equalweight rating.

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CIT Group (CIT) Tops Q4 EPS by 19c

January 31, 2017 6:32 AM EST

CIT Group (NYSE: CIT) reported Q4 EPS of $0.97, $0.19 better than the analyst estimate of $0.78.

For the fourth quarter, CIT reported a net loss of $1.2 billion or $5.71 per diluted share. Loss from continuing operations for the fourth quarter was $424 million or $2.10 per diluted share. For the full year 2016, net loss was... More