---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-005589"
form_type: "8-K"
ticker: "JOE"
cik: "0000745308"
company_name: "ST JOE Co"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T10:28:30.847449+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# St. Joe Q1 revenue +20% to $87.8M; net income +34% to $13.9M ($0.24 EPS)

## Summary
- Revenue $87.8M (+20% YoY); operating income $16.0M (+42%); net income $13.9M (+34%).
- Hospitality revenue surged 60% to $39.3M; leasing +21% to $14.3M; residential real estate +10% to $30.8M.
- Sold 216 homesites at avg $117k (gross margin 50%) vs 327 at avg $62k in Q1 2023.
- Quarterly dividend of $0.12 declared, payable June 13 to holders of record May 15.

## SEC filing metadata
- accession: 0001558370-24-005589
- form_type: 8-K
- ticker: JOE
- cik: 0000745308
- company_name: ST JOE Co
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745308/000155837024005589/0001558370-24-005589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745308/000155837024005589/joe-20240424x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-005589
- JSON: https://secwatch.observer/filing/0001558370-24-005589.json
- Plain text: https://secwatch.observer/filing/0001558370-24-005589.txt

## Key facts
- Earnings Releases
  ST JOE Co reported the quarter ended March 31, 2024 results: revenue $87.8 million, net income $13.9 million, or $0.24 per share, EPS $0.24 per share.
  - Period: the quarter ended March 31, 2024
  - Revenue: $87.8 million
  - Net income: $13.9 million, or $0.24 per share
  - EPS: $0.24 per share
  - Result: reported results
  source text: our future is bright, and we have just started to scratch the surface.” Page 2 Consolidated First Quarter 2024 Results Revenue for the first quarter of 2024 increased by 20% to $87.8 million as compared to $73.0 million for the first quarter of 2023. Hospitality revenue increased by 60% to $39.3 million and leasing revenue increased by 21% to $14.3 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/745308/000155837024005589/0001558370-24-005589-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.