St. Joe Q2 revenue doubles to $72.2M; net income up 26% to $24.2M

ST JOE Co

2022-Q2 EPS reported $0.47 revenue$113,545,000

Revenue $72.2M, up 100% YoY; operating income $30.7M, up 177%.
Net income $24.2M ($0.41/sh) vs $19.2M ($0.33) prior year; net cash from operations $37.4M.
Real estate revenue +133% to $41.0M; hospitality +95% to $22.6M; leasing +31%.
Board declared $0.08 quarterly dividend payable Sept 10, 2021 to holders of record Aug 13.
375 homesites sold in first half 2021; Watersound Club members up 388 to 1,951.

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