earnings
confidence high
sentiment neutral
materiality 0.70
St. Joe Q3 net income falls 18% to $12.4M; revenue up 7% to $57.6M on leasing/hospitality growth
ST JOE Co
2022-Q3 EPS reported
$0.73
revenue$190,697,000
- EPS $0.21 vs $0.26 YoY; nine-month net income $42.8M ($0.73) vs $42.6M ($0.72).
- Leasing revenue +42% to $10.1M; hospitality +30% to $29.0M; real estate -26% to $17.3M.
- Dividend of $0.10/share declared, payable Dec 9, record Nov 10.
- Repurchased 576,963 shares for $20M in first nine months; total backlog $502.8M.
- Unconsolidated JV revenue surged to $59.7M in Q3 from $7.5M; cash & investments $93.2M.