Interval Leisure Group Q2 Profit Declines

(RTTNews) - Interval Leisure Group, Inc. (IILG) Tuesday said second-quarter net income attributable to common stockholders was $18.4 million or $0.32 per share, compared to $20.6 million or $0.36 per share in the comparable quarter last year.

Adjusted net income for the latest second quarter rose to $19.3 million or $0.33 per share from $17.9 million or $0.31 per share in the year-ago period.

On average, five analysts polled by Thomson Reuters expected the company to earn $0.30 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $143.53 million, up from $124.98 million last year, while four analysts expected revenues of $138.89 million.

In August 2014, the Board of Directors declared a $0.11 per share dividend payable September 17, 2014 to shareholders of record on September 3, 2014.