Interval Leisure Group (IILG) reported quarterly earnings results on Thursday, Aug-4-2016. The company said it had a profit of $0.36 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.12. Analysts had a consensus of $0.24. The company posted revenue of $297.00 million in the period, compared to analysts expectations of $350.03 million. The company’s revenue was up 70.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.
Many Wall Street Analysts have commented on Interval Leisure Group. Company shares were Upgraded by MKM Partners on Jul 14, 2016 to ” Buy”, Firm has raised the Price Target to $ 25 from a previous price target of $16.50 .
Interval Leisure Group closed down -0.27 points or -1.50% at $17.72 with 12,89,524 shares getting traded on Tusday. Post opening the session at $17.99, the shares hit an intraday low of $17.64 and an intraday high of $18.12 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Jun 6, 2016, Thomas O Ryder (director) purchased 30,000 shares at $14.68 per share price. According to the SEC, on Dec 8, 2015, William L Harvey (CFO) purchased 3,500 shares at $14.41 per share price. On Dec 8, 2015, Jeanette E Marbert (COO) purchased 3,500 shares at $14.26 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.