Analysts Offer Predictions for ILG Inc’s Q4 2016 Earnings (ILG)
ILG Inc (NYSE:ILG) – Research analysts at SunTrust Banks dropped their Q4 2016 earnings estimates for shares of ILG in a research report issued on Tuesday. SunTrust Banks analyst P. Scholes now anticipates that the firm will earn $0.36 per share for the quarter, down from their previous estimate of $0.43.
ILG (NYSE:ILG) last announced its quarterly earnings results on Tuesday, November 8th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.13. The business had revenue of $418 million for the quarter, compared to the consensus estimate of $387 million. The firm’s revenue for the quarter was up 140.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.32 EPS.
Other research analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of ILG from a “strong sell” rating to a “hold” rating in a research note on Friday. TheStreet lowered shares of ILG from a “buy” rating to a “hold” rating in a research note on Friday, October 28th.
Shares of ILG (NYSE:ILG) opened at 17.63 on Friday. The firm has a market cap of $2.21 billion and a price-to-earnings ratio of 5.06. ILG has a 12-month low of $10.61 and a 12-month high of $18.24. The stock’s 50 day moving average is $16.73 and its 200 day moving average is $16.24.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 20th. Investors of record on Tuesday, December 6th will be paid a $0.12 dividend. The ex-dividend date is Friday, December 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 2.72%.
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