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Monday, October 6, 2008, 1:20PM ET - U.S. Markets close in 2 hours and 40 minutes. Dow Down 5.15% Nasdaq Down 6.28%
CIT Group, Inc. (CIT)At 1:05PM ET: 6.65  Down 0.32 (4.59%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING30-Jun-0831-Mar-0831-Dec-0730-Sep-07
Total Revenue1,383,200  1,856,000  2,305,700  2,086,400  
Cost of Revenue -   -   -   -  
Gross Profit1,383,200  1,856,000  2,305,700  2,086,400  
Operating Expenses
Research Development -   -   -   -  
Selling General and Administrative303,800  318,000  1,725,200  367,900  
Non Recurring(69,100)69,100  235,900  41,900  
Others12,000  1,047,700  (556,200)834,400  
Total Operating Expenses -   -   -   -  
Operating Income or Loss1,136,500  421,200  900,800  842,200  
Income from Continuing Operations
Total Other Income/Expenses Net(246,500) -   -   -  
Earnings Before Interest And Taxes890,000  421,200  900,800  842,200  
Interest Expense625,100  954,100  1,040,600  975,500  
Income Before Tax264,900  (532,900)(139,800)(133,300)
Income Tax Expense219,000  (294,200)(18,300)(95,500)
Minority Interest200  (11,000)(1,700)(1,100)
Net Income From Continuing Ops46,100  (249,700)(123,200)(38,900)
Non-recurring Events
Discontinued Operations(2,113,800) -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income(2,067,700)(249,700)(123,200)(38,900)
Preferred Stock And Other Adjustments(16,700)(7,500)(7,500)(7,500)
Net Income Applicable To Common Shares($2,084,400)($257,200)($130,700)($46,400)

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