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ILG: 2Q Earnings Snapshot

August 3, 2018

MIAMI (AP) _ ILG Inc. (ILG) on Friday reported second-quarter profit of $27 million.

On a per-share basis, the Miami-based company said it had net income of 21 cents. Earnings, adjusted for non-recurring costs, were 31 cents per share.

The time-share property manager posted revenue of $461 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $473 million.

ILG shares have increased 22 percent since the beginning of the year. The stock has risen 31 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ILG at https://www.zacks.com/ap/ILG

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