{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000621","form_type":"8-K","ticker":"JOE","cik":"0000745308","company_name":"ST JOE Co","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.140979+00:00","generated_at":"2026-06-16T14:29:30.900910+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"St. Joe Q1 revenue up 12% to $73M; net income falls to $10.4M on pre-opening costs","bullets":["Revenue $73.0M (+12% YoY); hospitality +50% to $24.5M, leasing +34% to $11.8M, real estate -5% to $35.0M.","Net income attributable to Company $10.4M ($0.18/sh) vs $13.4M ($0.23/sh) in Q1 2022; pre-opening expenses $2.4M for new hotels.","Homesite closings surged 81% to 327; average price $62K (excluding 100 SouthWood lots, ~$80K).","Board declared $0.10 quarterly dividend, payable June 15, 2023 to holders of record May 17.","Unconsolidated JV Latitude Margaritaville Watersound: 149 home sales in Q1, 679 homes under contract valued at $337.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000621","json":"https://secwatch.observer/filing/0001157523-23-000621.json","markdown":"https://secwatch.observer/filing/0001157523-23-000621.md","text":"https://secwatch.observer/filing/0001157523-23-000621.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/745308/000115752323000621/0001157523-23-000621-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/745308/000115752323000621/a53388418.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T14:29:30.900910+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4c7ad2499f18394e7198ece044649fc1b47833eb","claim":"ST JOE Co reported the quarter ended March 31, 2023 results: revenue $73.0 million, net income $10.4 million, EPS $0.18 per share.","evidence_excerpt":"Revenue for the first quarter of 2023 increased by 12% to $73.0 million, compared to $64.9 million for the first quarter of 2022. Hospitality revenue increased by 50% to $24.5 million and leasing revenue increased by 34% to $11.8 million, while real estate revenue decreased by 5% to $35.0 million. Operating revenue from hospitality and leasing accounted for 50% of the Company’s revenue for the three months ended March 31, 2023, as compared to 39% for the same period in 2022. Net income attributable to the Company for the first quarter of 2023 decreased to $10.4 million, or $0.18 per share, compared to net income of $13.4 million, or $0.23 per share, for the same period in 2022, partially due to increased pre-opening costs of $2.4 million incurred in the first quarter of 2023 for the new hotel properties planned to open within the first half of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/745308/000115752323000621/0001157523-23-000621-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$73.0 million"},{"label":"Net income","value":"$10.4 million"},{"label":"EPS","value":"$0.18 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}