secwatch.observer — SEC 8-K summary
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Issuer:     ST JOE Co (JOE)
CIK:        0000745308
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001558370-24-013519
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/745308/000155837024013519/0001558370-24-013519-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/745308/000155837024013519/joe-20241023x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-013519

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