Trader: Low Volume ...
CIT Group Inc (CIT: NYSE)
$33.18 0.61 | 1.87%
06/04/12 - 04:01 PM ET
Company Income Statement
| Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | |
| Sales | 4.86B | 6.36B | 3.98B | 6.10B |
| Cost of Sales | n.a. | n.a. | n.a. | n.a. |
| Gross Operating Profit | 2.85B | 3.84B | -2.14B | 1.50B |
| Selling, General, and Administrative Expenses | n.a. | n.a. | n.a. | n.a. |
| Research & Development | n.a. | n.a. | n.a. | n.a. |
| Operating Income before D & A (EBITDA) | 2.85B | 3.84B | -2.14B | 1.50B |
| Depreciation & Amortization | n.a. | n.a. | n.a. | n.a. |
| Interest Income | n.a. | n.a. | n.a. | n.a. |
| Other Income - Net | n.a. | n.a. | n.a. | n.a. |
| Special Income / Charges | 134.80M | 0.00 | 4.85B | 727.30M |
| Total Income Before Interest Expenses (EBIT) | 2.98B | 3.84B | 2.71B | 2.06B |
| Interest Expense | 2.79B | 3.08B | 2.66B | 3.14B |
| Pre-Tax Income | 190.20M | 768.10M | 51.20M | -1.08B |
| Income Taxes | 158.50M | 246.90M | -132.10M | -444.40M |
| Minority Interest | 5.00M | 4.40M | -1.00M | 1.20M |
| Net Income From Continuing Operations | 26.70M | 521.20M | 183.30M | -633.10M |
| Net Income From Discontinued Operations | 0.00 | 0.00 | 0.00 | -2.17B |
| Net Income From Total Operations | 26.70M | 521.20M | 183.30M | -2.80B |
| Extraordinary Income/Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cum. Effect of Acct. Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Gains / Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Net Income | 26.70M | 516.80M | 184.30M | -2.80B |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
-108.10M | 521.20M | -4.66B | -1.19B |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | 26.70M | 521.20M | -4.80M | -697.80M |
| Basic EPS from Continuing Ops. | 0.13 | 2.58 | -0.01 | -2.69 |
| Basic EPS from Discontinued Ops. | 0.00 | 0.00 | 0.00 | -8.37 |
| Basic EPS from Total Operations | 0.13 | 2.58 | -0.01 | -11.06 |
| Basic EPS from Extraordinary Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Tax Loss Carryf'd. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Other Gains (Losses) | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS, Total | 0.13 | 2.58 | -0.01 | -11.06 |
| Basic Normalized Net Income/Share | -0.53 | 2.58 | n.a. | -5.07 |
| EPS fr Continuing Ops. | 0.13 | 2.58 | -0.01 | -2.69 |
| EPS fr Discontinued Ops | 0.00 | 0.00 | 0.00 | -8.37 |
| EPS fr Total Ops. | 0.13 | 2.58 | -0.01 | -11.06 |
| EPS fr Extraord. Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Tax Loss Carfd. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Other Gains (L) | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS, Total | 0.13 | 2.58 | -0.01 | -11.06 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
-0.53 | 2.58 | n.a. | -5.07 |
| Dividends Paid per Share | 0.00 | 0.00 | 0.00 | 0.00 |
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Latest CIT Headlines from TheStreet
- CIT Group Inc (CIT): Today's Featured Real Estate Loser 05.23.12 | 05:05 pm
- CIT Group Inc (CIT): Today's Featured Real Estate Winner 05.03.12 | 05:05 pm
- CIT Group's CEO Discusses Q1 2012 Results - Earnings Call Transcript 04.24.12 | 12:04 pm
- CIT Group's Thain Makes No Promises 04.24.12 | 10:04 am
- 10 Once-Bankrupt Companies Primed for a Comeback (Update 1) 03.07.12 | 12:03 pm
- Sears' Turnaround Still Going the Wrong Way (Update 2) 02.23.12 | 02:02 pm
- Wells Fargo, CIT a Good Fit for Ally: KBW 02.21.12 | 10:02 am
- 5 Rocket Stocks Fueling Up This Week 02.21.12 | 09:02 am
- Analysts' Actions: CSCO, MMM, CIT, AMGN, S 02.09.12 | 09:02 am
- CIT Group's CEO Discusses Q4 2011 Results - Earnings Call Transcript 01.31.12 | 11:01 am
Press Releases for CIT
- George Cashman, President Of CIT Rail (Photo: Business Wire) - Business Wire 06.04.12 | 08:06 am
- CIT To Host Investor Day - Business Wire 05.31.12 | 08:05 am
- Matthew (Matt) E. Galligan, Group Head Of CIT Real Estate Finance (Photo: Business Wire) - Business Wire 05.29.12 | 08:05 am
- CIT Appoints Neil Wessan Group Head Of CIT Capital Markets - Business Wire 05.23.12 | 08:05 am
- Burt Feinberg, Group Head Of CIT Retail Finance And CIT Commercial & Industrial (Photo: Business Wire) - Business Wire 05.16.12 | 08:05 am
- Mike Lorusso, Managing Director And Group Head, CIT Energy (Photo: Business Wire) - Business Wire 05.14.12 | 08:05 am
- CIT To Reduce High Cost Debt By An Additional $2 Billion - Business Wire 05.07.12 | 08:05 am
- CIT Provides Acquisition Financing To United Recovery Systems - Business Wire 05.02.12 | 08:05 am
- CIT Announces Pricing Of $2 Billion Of Senior Unsecured Notes - Business Wire 05.01.12 | 08:05 pm
- CIT Reports First Quarter 2012 Net Loss Of $447 Million ($2.22 Per Diluted Share) Pre-Tax Income Of $214 Million Excluding $620 Million Of Debt Refinancing Charges1 - Business Wire 04.24.12 | 06:04 am
Partner Headlines for CIT
- John Keeley Comments on CIT Corporation (CIT) - GuruFocus 06.01.12 | 05:06 pm
- Eddie Lampert Slashes Stakes in Four Stocks - GuruFocus 05.25.12 | 07:05 pm
- CIT Offloads $2 Billion in Debt - Analyst Blog - Zacks 05.08.12 | 07:05 pm
- The Zacks Analyst Blog Highlights: CIT Group, Barclays PLC, Credit Suisse Group, Morgan Stanley and UBS AG - Press Releases - Zacks 05.03.12 | 09:05 am
- Sterne Agee Reports CIT Group to Pay More Debt - Benzinga 04.09.12 | 09:04 am
- 20 Stocks Hedge Funds Love Beaten By Seeking Alpha Readers - Seeking Alpha 01.04.12 | 09:01 am
- 20 Top Hedge Fund Holdings As Of September - Seeking Alpha 11.30.11 | 09:11 am
- CIT Resumes CRE Lending Business - Analyst Blog - Zacks 11.03.11 | 06:11 pm
- Earnings Roundup - Benzinga 10.25.11 | 09:10 am
- UPDATE 2-CIT will soon take deposits by Internet -- CEO - Reuters 09.14.11 | 05:09 pm





