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Stock impact report

The St. Joe Company Reports First Quarter 2018 Results

St. Joe Company (The) (JOE) 
Last st. joe company (the) earnings: 10/31 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.joe.com
Company Research Source: Business Wire
WATERSOUND, Fla.--(BUSINESS WIRE)-- The St. Joe Company (NYSE:JOE) (the “Company”) today announced Net Income for the first quarter of 2018 of $0.7 million, or $0.01 per share, compared with Net Income of $4.4 million, or $0.06 per share, for the first quarter of 2017. The first quarter of 2017 includes a $3.5 million benefit from an insurance settlement and $3.1 million in net realized gains from the sale of investments. Excluding Other Income items, the first quarter of 2018 Operating Loss improved by approximately $4.1 million as compared to the first quarter of 2017. First quarter update includes: Total revenue for 2018 was $19.9 million as compared to $13.5 million in 2017 due to increases in real estate, leasing and timber revenue, partially offset by a decrease in resorts and leisure revenue. Real estate revenue increased to $7.7 million in 2018 as compared to $ Show less Read more
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