The St. Joe Company Reports Fourth Quarter and Full Year 2017 Results
St. Joe Company (The) (JOE)
Last st. joe company (the) earnings: 10/31 04:10 pm
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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 fourth quarter of 2017 of $38.5 million, or $0.58 per share, compared with Net Income of $2.7 million, or $0.04 per share, for the fourth quarter of 2016. The fourth quarter of 2017 includes the previously announced sale of the Company’s short term vacation rental management business, which resulted in a net gain of $9.8 million recorded in Other income, net of expenses. In addition, the 2017 fourth quarter results include a one-time credit of $33.5 million to re-measure the Company’s net deferred tax liability as a result of the Tax Cuts and Jobs Act enacted into law on December 22, 2017, which reduced the Company’s federal statutory tax rate from 35% to 21% as of January 1, 2018. For the full year ended December 31, 2017, the Company reported Net Income of $59.5 million, or $0.84 per s
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JOE
Sec Filings
- 3/6/24 - Form 4
- 3/1/24 - Form 4
- 2/27/24 - Form 4
- JOE's page on the SEC website