Interval Leisure Results Top Estimates

(RTTNews) - Interval Leisure Group Inc (IILG), a provider of membership and leisure services to the vacation industry, on Thursday reported fourth-quarter net earnings to equity holders of $15.6 million or $0.27 per share compared with $18.5 million or $0.32 per share last year.

The company said earnings were hurt mainly by the impact in its Exchange and Rental segment, and interest and amortization costs.

Excluding items, adjusted earnings for the quarter were $0.29 per share compared with $0.34 per share a year ago.

Revenues for the quarter were $161.7 million compared with $122 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.24 per share on revenues of $131.2 million for the quarter. Analysts' estimates typically exclude special items.

For the full year 2015, the company expects revenues of $690 million to $720 million, while analysts expect $599 million.