secwatch.observer — SEC 8-K summary
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Issuer:     ST JOE Co (JOE)
CIK:        0000745308
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001558370-24-005589
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/745308/000155837024005589/0001558370-24-005589-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/745308/000155837024005589/joe-20240424x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-005589

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