Interval Leisure Group (IILG) reported quarterly earnings results on Monday, May-9-2016. The company said it had a profit of $0.41 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.40. The company posted revenue of $185.90 million in the period, compared to analysts expectations of $191.29 million. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.
Many Wall Street Analysts have commented on Interval Leisure Group. MKM Partners Initiated Interval Leisure Group on Apr 15, 2016 to “Neutral”, Price Target of the shares are set at $16.50.
Interval Leisure Group opened for trading at $14.46 and hit $14.73 on the upside on Friday, eventually ending the session at $14.47, with a gain of 0.35% or 0.05 points. The heightened volatility saw the trading volume jump to 13,06,069 shares. Company has a market cap of $832 M.
In a different news, on Dec 8, 2015, William L Harvey (CFO) purchased 3,500 shares at $14.41 per share price. According to the SEC, on Dec 8, 2015, Jeanette E Marbert (COO) purchased 3,500 shares at $14.26 per share price. On Dec 8, 2015, Craig M Nash (CEO) purchased 35,000 shares at $14.49 per share price, according to the Form-4 filing with the securities and exchange commission.
Interval Leisure Group Inc. (ILG) is a global provider of non-traditional lodging encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership. The Company operates through two segments: Exchange and Rental and Vacation Ownership. Its Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers by providing vacation exchange services and vacation rental working with resort developers and operating vacation rental properties. Its Vacation Ownership segment is engaged in the management of vacation ownership resorts; sales marketing and financing of vacation ownership interests and related services to owners and associations.