earnings
confidence high
sentiment positive
materiality 0.65
St. Joe reports 54% revenue increase in 2023 to $389.2M; record hospitality and leasing; declares $0.12 dividend
ST JOE Co
2023-FY EPS reported
$1.33
revenue$389,285,000
- Full year 2023 revenue $389.2M (+54% YoY); operating income $90.7M (+48% YoY).
- Q4 2023 net income $13.2M ($0.23 EPS) vs Q4 2022 $28.1M due to prior-year gains on JV sale and insurance.
- Hospitality record: revenue $152.4M (+57%); Watersound Club membership up 713 to 3,317.
- Leasing record: revenue $50.8M (+30%); 95% leased on 1.082M sq ft.
- Dividend declared: $0.12 per share, payable March 27, 2024 to record shareholders March 4, 2024.