earnings
confidence high
sentiment neutral
materiality 0.70
St. Joe Q4 revenue down 38% to $61.6M; full-year net income $70.9M, recurring revenue grows
ST JOE Co
2021-FY EPS reported
$1.21
revenue$252,321,000
- Full year 2022 revenue $252.3M (down 5.5%); net income $70.9M ($1.21/share) vs $74.5M ($1.27/share).
- Hospitality revenue up 29% to $97.2M; leasing revenue up 45% to $39.2M; real estate revenue down 31% to $109.2M.
- Unconsolidated JVs generated $169.5M revenue (up 294% YoY); equity income from JVs was $26.0M vs -$0.9M.
- Board declared $0.10/share dividend payable March 28, 2023; $356.7M capex in 2022, 2,197 homesites under contract worth $176.3M.