Interval Leisure Group Earnings: Everything You Must Know Now
Interval Leisure Group, Inc. (NASDAQ:IILG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Interval Leisure Group, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 68.75% to $0.27 in the quarter versus EPS of $0.16 in the year-earlier quarter.
Revenue: Rose 11.21% to $110.7 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Interval Leisure Group, Inc. reported adjusted EPS income of $0.27 per share. By that measure, the company beat the mean analyst estimate of $0.20. It beat the average revenue estimate of $108.81 million.
Quoting Management: “Interval Leisure Group has made significant progress in expanding its role in the shared ownership market. We are pleased with the more than 10% growth in consolidated revenue, as this is more than twice the top line growth we saw in 2011. Additionally, adjusted EBITDA increased by 4.1% for the full year,” said Craig M. Nash, Chairman, President and Chief Executive Officer of Interval Leisure Group. “We remain focused on deploying capital through strategic transactions as we continue to execute on our long-term strategy.”
Key Stats (on next page)…