secwatch.observer — SEC 8-K summary
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Issuer:     ST JOE Co (JOE)
CIK:        0000745308
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001558370-25-005273
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 Q1 net income up 26% to $17.5M; revenue up 7% to $94.2M, dividend $0.14
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- Net income $17.5M ($0.30 EPS) vs $13.9M ($0.24 EPS) in Q1 2024, up 26%.
- Total revenue $94.2M, highest Q1 outside 2014 timber sale; real estate up 12% to $38.3M, homesites sold +15%.
- Leasing revenue record $16.3M (+14%); hospitality $39.6M; unconsolidated JV revenue $123.2M (+29%).
- Board declares $0.14 quarterly dividend, payable June 26 to holders of record June 10.
- Cash $94.5M; capex $32.7M, stock buyback $5.7M, debt repaid $2.5M in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/745308/000155837025005273/0001558370-25-005273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/745308/000155837025005273/joe-20250423x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-005273

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer