Benzinga | Jul 27, 2021 11:13AM EDT

CIT Group Q2 EPS $2.09 Beats $0.90 Estimate, Sales $477.60M Beat $462.00M Estimate

CIT Group (NYSE:CIT) reported quarterly earnings of $2.09 per share which beat the analyst consensus estimate of $0.90 by 132.22 percent. This is a 437.1 percent increase over losses of $(0.62) per share from the same period last year. The company reported quarterly sales of $477.60 million which beat the analyst consensus estimate of $462.00 million by 3.38 percent. This is a 16.29 percent increase over sales of $410.70 million the same period last year.