Benzinga | Oct 26, 2021 08:07AM EDT

CIT Group Q3 EPS $1.72 Beats $1.08 Estimate, Sales $432.10M Miss $447.50M Estimate

CIT Group (NYSE:CIT) reported quarterly earnings of $1.72 per share which beat the analyst consensus estimate of $1.08 by 59.26 percent. This is a 104.76 percent increase over earnings of $0.84 per share from the same period last year. The company reported quarterly sales of $432.10 million which missed the analyst consensus estimate of $447.50 million by 3.44 percent. This is a 8.84 percent decrease over sales of $474.00 million the same period last year.