Interval Leisure Group (IILG) Tops Q1 EPS by 1c, Reaffirms Guidance

Interval Leisure Group (NASDAQ: IILG) reported Q1 EPS of $0.41, $0.01 better than the analyst estimate of $0.40. Revenue for the quarter came in at $185.9 million versus the consensus estimate of $190.59 million.

BUSINESS OUTLOOK AND GUIDANCE

While the closing date of the Vistana acquisition is expected by the end of this week, we are reaffirming our fiscal year 2016 guidance for ILG plus a full eight months of Vistana. This guidance assumes a $350 million securitization of mortgages receivable in the second half of 2016 and reflects the estimated impact of purchase accounting on revenue.

For earnings history and earnings-related data on Interval Leisure Group (IILG) click here.

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