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Stock impact report

The St. Joe Company Reports Second 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 second quarter of 2018 of $26.2 million, or $0.41 per share, compared with Net Income of $10.8 million, or $0.15 per share, for the second quarter of 2017. The second quarter of 2018 includes a $23.1 million pre-tax benefit from an impact fees receipt related to the Company’s 2014 sale of the RiverTown community. For the six months ended June 30, 2018, the Company reported Net Income of $27.0 million, or $0.42 per share compared to Net Income of $15.1 million, or $0.21 per share for the same period last year. Second quarter update includes: Total revenue for the quarter was $50.4 million as compared to $30.6 million in 2017 due to increases in real estate, leasing and timber revenue, partially offset by a decrease in resorts and leisure revenue. Real est Show less Read more
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