earnings
confidence high
sentiment positive
materiality 0.75
St. Joe Q3 net income up 57% to $19.4M; revenue up 76% to $101.4M; declares $0.12 dividend
ST JOE Co
2023-Q3 EPS reported
$1.11
revenue$302,547,000
- Net income attributable to Company $19.4M ($0.33/shr), +57% vs $12.4M in Q3 2022.
- Total revenue $101.4M, +76% YoY; real estate +131% to $39.9M, hospitality +63% to $47.4M.
- Homesite closings surged 226% to 254 units; 1,575 homesites under contract as of Sep 30.
- EBITDA $41.7M, +72% YoY; leasing revenue +30% to $13.1M with 96% occupancy on 1.08M sq ft.
- Board declared $0.12/shr quarterly dividend, payable Dec 8, 2023 to holders of record Nov 9.