Benzinga | Oct 16, 2020 06:16AM EDT

CIT Group Q3 Adj. EPS $0.84 Down From $1.29 YoY, Sales $474.00M Beat $442.56M Estimate

CIT Group (NYSE:CIT) reported quarterly earnings of $0.84 per share. This is a 34.88 percent decrease over earnings of $1.29 per share from the same period last year. The company reported quarterly sales of $474.00 million which beat the analyst consensus estimate of $442.56 million by 7.10 percent. This is a 4.34 percent increase over sales of $454.30 million the same period last year.