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Stock impact report

The St. Joe Company Reports First Quarter 2022 Results and Declares a Quarterly Dividend Of $0.10

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
Revenue increased by 57% to $64.9 million compared to $41.3 million in 2021Net Income increased by 319% to $13.4 million compared to $3.2 million in 2021Net Cash Provided by Operating Activities increased by 102% to $19.8 million compared to $9.8 million in 2021 PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) (the “Company”) today reports first quarter 2022 results.Revenue for the first quarter of 2022 increased by 57% to $64.9 million, as compared to $41.3 million for the first quarter of 2021. Revenue growth includes a 75% increase in real estate revenue, a 57% increase in leasing revenue and a 24% increase in hospitality revenue. Operating income increased by 267% to $20.2 million for the three months ended March 31, 2022, as compared to $5.5 million for the three months ended March 31, 2021. Net income for the first quarter of 2022 increased by 319% to $13.4 million, or $0.23 per share, compared to net income of $3.2 million, or $0.05 per share, for th Show less Read more
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