---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013519"
form_type: "8-K"
ticker: "JOE"
cik: "0000745308"
company_name: "ST JOE Co"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:17:19.310911+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# St. Joe Q3 net income falls 13% to $16.8M; Chairman Berkowitz retires, Gonzalez named Chairman

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-013519
- form_type: 8-K
- ticker: JOE
- cik: 0000745308
- company_name: ST JOE Co
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745308/000155837024013519/0001558370-24-013519-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745308/000155837024013519/joe-20241023x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013519
- JSON: https://secwatch.observer/filing/0001558370-24-013519.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013519.txt

## Key facts
- Executive change
  Rhea Goff was appointed as Director at ST JOE Co.
  - Action: appointed
  - Role: Director
  source text: the Board, upon the recommendation of the Governance and Nominating Committee of the Board, appointed Rhea Goff to serve as a non-independent director of the Company, effective October 23, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/745308/000155837024013519/0001558370-24-013519-index.htm

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