CIT Announces Second Quarter 2017 Results
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CIT Group (CIT) PT Raised to $57 at BTIG Following 2Q Beat
July 25, 2017 10:20 AM EDTBTIG raised its price target on CIT Group (NYSE: CIT) to $57.00 (from $52.00) while maintaining a Buy rating following the company's 2Q. CIT reported 2Q17 adjusted earnings per share from continuing operations of $0.68, outpacing the consensus estimate of $0.59. Management continued to outline... More
CIT Group (CIT) Tops Q2 EPS by 8c
July 25, 2017 6:35 AM EDTCIT Group (NYSE: CIT) reported Q2 EPS from continuing operations of $0.68, $0.08 better than the analyst estimate of $0.60. Revenue for the quarter came in at $605 million versus the consensus estimate of $497.16 million.
Second quarter net income of $157 million or $0.85 per diluted common share; income... More