earnings
confidence high
sentiment negative
materiality 0.75
St. Joe Q3 net income falls 13% to $16.8M; Chairman Berkowitz retires, Gonzalez named Chairman
ST JOE Co
2024-Q3 EPS reported
$0.95
revenue$298,403,000
- Revenue $99.0M (-2% YoY); net income $16.8M ($0.29/sh) vs $19.4M ($0.33/sh) in Q3 2023.
- Hospitality revenue +17% to $55.4M; leasing +19% to $15.6M; real estate -32% to $28.0M.
- Declares $0.14/sh quarterly dividend payable Dec 6 to holders of record Nov 7.
- Bruce Berkowitz retired from Board Oct 23; CEO Jorge Gonzalez becomes Chairman, Howard Frank named Independent Lead Director.
- Rhea Goff (SVP, CAO) appointed to Board as non-independent director effective Oct 23.