ILG Inc. (NASDAQ:ILG) Set to Announce Earnings on Thursday
ILG Inc. (NASDAQ:ILG) is scheduled to be releasing its earnings data after the market closes on Thursday, August 3rd. Analysts expect ILG to post earnings of $0.25 per share for the quarter.
ILG (NASDAQ:ILG) last issued its quarterly earnings data on Thursday, May 4th. The business services provider reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.03. The firm had revenue of $452 million during the quarter, compared to analyst estimates of $446.32 million. ILG had a return on equity of 11.66% and a net margin of 17.63%. The business’s quarterly revenue was up 143.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 earnings per share. On average, analysts expect ILG to post $1.16 EPS for the current fiscal year and $1.27 EPS for the next fiscal year.
Shares of ILG Inc. (NASDAQ:ILG) traded up 0.56% on Thursday, hitting $27.10. The stock had a trading volume of 252,706 shares. The firm’s 50-day moving average price is $27.31 and its 200 day moving average price is $22.85. ILG Inc. has a 12 month low of $15.94 and a 12 month high of $28.99. The firm has a market cap of $3.38 billion, a P/E ratio of 11.23 and a beta of 1.48.
Several research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of ILG from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Imperial Capital upped their price target on shares of ILG from $22.00 to $30.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 30th. CIBC upped their price target on shares of ILG from $22.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, April 24th. Finally, Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $26.00 price target (up previously from $22.00) on shares of ILG in a research report on Friday, April 21st. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $27.00.
ILG Company Profile
ILG, Inc, formerly Interval Leisure Group, Inc, is a provider of professionally delivered vacation experiences. The Company is a global licensee for the Hyatt, Westin and Sheraton brands in 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.
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