CIT Group (CIT) Tops Q4 EPS by 18c
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CIT Announces Fourth Quarter and Full Year 2017 Results
January 30, 2018 6:31 AM ESTNEW YORK, Jan. 30, 2018 /PRNewswire/ --Â
Highlights:
Fourth quarter net loss to common shareholders of $98 million or $0.74 per diluted common share; loss from continuing operations to common shareholders of $93 million or $0.70 per diluted common share Results reflect solid operating performance offset by a $222 million (after-tax) goodwill impairment and other noteworthy items Excluding noteworthy items, fourth quarter income from continuing operations available to common shareholders1 of $130 million or $0.99 per diluted common share Full year net income available to common shareholders of $458... More