Benzinga | Jan 26, 2021 08:22AM EST

CIT Group Q4 EPS $1.50 Beats $0.57 Estimate, Sales $496.10M Beat $451.85M Estimate

CIT Group (NYSE:CIT) reported quarterly earnings of $1.50 per share which beat the analyst consensus estimate of $0.57 by 163.16 percent. This is a 18.11 percent increase over earnings of $1.27 per share from the same period last year. The company reported quarterly sales of $496.10 million which beat the analyst consensus estimate of $451.85 million by 9.79 percent. This is a 7.59 percent increase over sales of $461.10 million the same period last year.