Wall Street analysts predict that ILG Inc (NASDAQ:ILG) will post $0.29 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for ILG’s earnings, with estimates ranging from $0.28 to $0.31. ILG posted earnings per share of $0.39 during the same quarter last year, which indicates a negative year over year growth rate of 25.6%. The business is expected to report its next earnings results on Tuesday, November 14th.

On average, analysts expect that ILG will report full year earnings of $1.19 per share for the current financial year, with EPS estimates ranging from $1.16 to $1.22. For the next financial year, analysts expect that the company will report earnings of $1.30 per share, with EPS estimates ranging from $1.23 to $1.35. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover ILG.

ILG (NASDAQ:ILG) last issued its earnings results on Thursday, August 3rd. The business services provider reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. The company had revenue of $450.00 million for the quarter, compared to analysts’ expectations of $432.86 million. ILG had a net margin of 6.00% and a return on equity of 6.75%. The business’s revenue was up 51.5% on a year-over-year basis.

Several equities research analysts have recently weighed in on ILG shares. Zacks Investment Research raised shares of ILG from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a research note on Wednesday, July 5th. BidaskClub raised shares of ILG from a “hold” rating to a “buy” rating in a research note on Wednesday, October 11th. Instinet started coverage on shares of ILG in a research note on Friday, October 6th. They issued a “buy” rating and a $35.00 target price on the stock. Finally, Nomura started coverage on shares of ILG in a research note on Friday, October 6th. They issued a “buy” rating and a $35.00 target price on the stock. One equities research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $29.29.

ILLEGAL ACTIVITY WARNING: “$0.29 Earnings Per Share Expected for ILG Inc (ILG) This Quarter” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another site, it was stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/10/16/0-29-earnings-per-share-expected-for-ilg-inc-ilg-this-quarter.html.

ILG (NASDAQ:ILG) opened at 29.38 on Monday. The company has a 50-day moving average of $26.90 and a 200-day moving average of $26.04. ILG has a 12 month low of $15.94 and a 12 month high of $29.85. The stock has a market cap of $3.67 billion, a PE ratio of 28.28 and a beta of 1.48.

The company also recently announced a quarterly dividend, which was paid on Monday, September 18th. Stockholders of record on Tuesday, September 5th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.04%. The ex-dividend date was Thursday, August 31st. ILG’s dividend payout ratio is currently 57.69%.

Institutional investors and hedge funds have recently made changes to their positions in the company. TIAA CREF Investment Management LLC raised its stake in shares of ILG by 13.9% in the second quarter. TIAA CREF Investment Management LLC now owns 1,983,549 shares of the business services provider’s stock valued at $54,528,000 after acquiring an additional 241,774 shares during the period. Neuberger Berman Group LLC purchased a new position in ILG in the 2nd quarter worth about $5,941,000. Schwab Charles Investment Management Inc. increased its stake in ILG by 8.8% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 529,950 shares of the business services provider’s stock worth $11,108,000 after buying an additional 42,805 shares during the period. UBS Asset Management Americas Inc. increased its stake in ILG by 73.2% in the 1st quarter. UBS Asset Management Americas Inc. now owns 68,212 shares of the business services provider’s stock worth $1,430,000 after buying an additional 28,825 shares during the period. Finally, Credit Suisse AG increased its stake in ILG by 14.2% in the 1st quarter. Credit Suisse AG now owns 191,115 shares of the business services provider’s stock worth $4,006,000 after buying an additional 23,749 shares during the period. 81.28% of the stock is currently owned by institutional investors and hedge funds.

About ILG

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.

Get a free copy of the Zacks research report on ILG (ILG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Stock Ratings for ILG Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ILG Inc and related stocks with our FREE daily email newsletter.