secwatch.observer — SEC 8-K summary
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Issuer:     ST JOE Co (JOE)
CIK:        0000745308
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001558370-24-001430
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

St. Joe reports 54% revenue increase in 2023 to $389.2M; record hospitality and leasing; declares $0.12 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/745308/000155837024001430/0001558370-24-001430-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/745308/000155837024001430/joe-20240221x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-001430

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer