30.01.2018 12:38:50
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CIT Group Inc. Earnings Advance In Q4
(RTTNews) - CIT Group Inc. (CIT) revealed a profit for its fourth quarter that gained ground compared to the same period last year.
The company said its bottom line came in at $130.3 million, or $0.99 per share. This was higher than $124.5 million, or $0.62 per share, in last year's fourth quarter.
The company said revenue for the quarter rose 77.2% to $537 million. This was up from $303 million last year.
CIT Group Inc. earnings at a glance:
-Earnings (Q4): $130.3 Mln. vs. $124.5 Mln. last year. -Earnings Growth (Y-o-Y): 4.7% -EPS (Q4): $0.99 vs. $0.62 last year. -EPS Growth (Y-o-Y): 59.7% -Revenue (Q4): $537 Mln vs. $303 Mln last year. -Revenue Change (Y-o-Y): 77.2%
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