CIT Announces Second Quarter 2018 Results

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Go back to CIT Announces Second Quarter 2018 Results

CIT Group (CIT) Tops Q2 EPS by 14c

July 24, 2018 6:33 AM EDT

CIT Group (NYSE: CIT) reported Q2 EPS of $1.11, $0.14 better than the analyst estimate of $0.97.

Highlights:

Second quarter net income available to common shareholders of $117 million or $0.94 per diluted common share; income from continuing operations available to common shareholders of $138 million or $1.11 per diluted common shareExcluding noteworthy items, second quarter income from continuing operations available to common shareholders1 of $125 million or $1.00 per diluted common shareAverage loans and... More