---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-010044"
form_type: "8-K"
ticker: "JOE"
cik: "0000745308"
company_name: "ST JOE Co"
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:39:47.757053+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# St. Joe Co Q2 revenue falls 13% to $111.6M; EPS $0.42 vs $0.60; dividend raised 17%

## Summary
- Total revenue $111.6M (-13% YoY); hospitality revenue up 38% to record $62.3M, real estate down 51% to $34.5M.
- Net income attributable to company $24.5M ($0.42 EPS) vs $34.7M ($0.60 EPS) in Q2 2023.
- Hospitality gross margin improved to 39.2% from 26.2%; club members grew to 3,571 from 2,853.
- Quarterly dividend increased 17% to $0.14 per share from $0.12; payable Sept 6, record Aug 9.
- Homesites sold 186 at avg price $140k (52.3% margin) vs 300 at $153k (53.8%) in prior year.

## SEC filing metadata
- accession: 0001558370-24-010044
- form_type: 8-K
- ticker: JOE
- cik: 0000745308
- company_name: ST JOE Co
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745308/000155837024010044/0001558370-24-010044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745308/000155837024010044/joe-20240724x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-010044
- JSON: https://secwatch.observer/filing/0001558370-24-010044.json
- Plain text: https://secwatch.observer/filing/0001558370-24-010044.txt

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