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Shares of Interval Leisure Group (NASDAQ:IILG) gapped up prior to trading on Wednesday following a stronger than expected earnings report, ARN reports. The stock had previously closed at $21.27, but opened at $21.44. Interval Leisure Group shares last traded at $22.43, with a volume of 286,513 shares.

The company reported $0.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.30 by $0.03. The company had revenue of $143.53 million for the quarter, compared to the consensus estimate of $138.89 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 14.8% on a year-over-year basis.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 17th. Investors of record on Wednesday, September 3rd will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.97%.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Interval Leisure Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 10th. They now have a $21.90 price target on the stock. Separately, analysts at Imperial Capital cut their price target on shares of Interval Leisure Group from $32.00 to $30.00 in a research note on Wednesday, June 4th. They now have an “outperform” rating on the stock.

The stock has a 50-day moving average of $21.55 and a 200-day moving average of $24.15. The company has a market cap of $1.283 billion and a P/E ratio of 15.64.

Interval Leisure Group, Inc(NASDAQ:IILG) is a global provider of membership and leisure services to the vacation industry.

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