secwatch.observer — SEC 8-K summary
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Issuer:     ST JOE Co (JOE)
CIK:        0000745308
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001558370-25-001600
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

St. Joe Q4 net income +43%, revenue +20%; records in homesites, hospitality, leasing; $0.14 dividend, buyback to $100M
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- Q4 net income attributable to Company rose 43% to $18.9M ($0.32 EPS) vs $13.2M ($0.23) YoY.
- Q4 revenue $104.3M (+20%); real estate +23%, hospitality +19%, leasing +15%. Record 331 homesite closings.
- Full year 2024: revenue $402.7M (+3%); hospitality record $199.2M, leasing record $60.3M; net income $74.2M (-5%) due to higher depreciation.
- Board declared quarterly dividend $0.14/share (payable Mar 27, record Mar 10) and increased share repurchase authority to $100M.
- Unconsolidated JV revenue $378.2M in 2024 ($351M in 2023); total invested $66.5M, pre-tax income $23.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/745308/000155837025001600/0001558370-25-001600-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/745308/000155837025001600/joe-20250226x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-001600

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