CIT Group Inc (DEL) (NYSE:CIT) Quarterly Basic Net EPS At 2016-03-31

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For the year ended 2016-03-31 CIT Group Inc (DEL) (NYSE:CIT) basic consolidated EPS came $5.6954. Conversely, for the quarter ended 2016-03-31, it was $5.6954.

EPS can be simply called as a fraction of profits that is disbursed against each outstanding share. It is measured using the formula – net profit/outstanding shares. The element ‘Per-share earnings’ is majorly utilized by market experts to give earnings and price projections. Suppose a group “S” announces a net profit of $15,000 in a given year. The count of outstanding shares is 300. So, its EPS will be $50. EPS is issued every quarter, indicating the stakeholders can evaluate the financial performance periodically.

EPS alone cannot indicate on the financial well-being of a firm. For a clear picture, it is vital to look into the price to earnings ratio of company.

EPS from continuing operations

CIT Group Inc (DEL) (NYSE:CIT) EPS from continuing operations was $5.75 for the fiscal ended 2016-03-31. For the quarter ended 2016-03-31, this figure was $5.75.

EPS contribution from parent

CIT Group Inc (DEL) (NYSE:CIT) confirmed basic EPS of $5.696 for the year ended 2016-03-31 from its parent group. Conversely, for the quarter closed 2016-03-31 it was $5.696.

Basic net EPS

CIT Group Inc (DEL) (NYSE:CIT) basic net EPS was $0.73 for the year ended 2016-03-31. For the quarter ended 2016-03-31, it came at $0.73.

Consolidated diluted EPS

CIT Group Inc (DEL) (NYSE:CIT) consolidated diluted EPS was 5.6683 for the year ended 2016-03-31. For the quarter ended 2016-03-31, it stood at $5.6683.

Basic diluted EPS

CIT Group Inc (DEL) (NYSE:CIT) basic diluted EPS was $0.75 for the quarter ended 2016-03-31. For the year ended 2016-03-31, basic diluted EPS was $0.75.

Net diluted EPS

CIT Group Inc (DEL) (NYSE:CIT) posted net diluted EPS of $5.67 for the fiscal closed 2016-03-31. For the quarter ended 2016-03-31, net diluted EPS was $5.67.

Diluted EPS from parent

CIT Group Inc (DEL) (NYSE:CIT) diluted EPS from parent group was $5.6688 for the year ended 2016-03-31. For the quarter ended 2016-03-31 it stood at $5.6688.

CIT Group Inc (DEL) (NYSE:CIT) net basic EPS was $5.99 for the year ended 2016-03-31. For the quarter ended 2016-03-31, it was $5.99.

For the year ended 2016-03-31, basic shares outstanding were 188.491 while for the quarter ended 2016-03-31 is 188.491.

For the fiscal ended 2016-03-31, the diluted outstanding shares were 189.463 and for the quarter ended 2016-03-31 it was 189.463.

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