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AI brief of an SEC Form 8-K · St. Joe (JOE)

St. Joe Q1 2024 revenue rises 20% to $87.8 million; net income up 34%

Positive Impact 3 of 5 earnings Written later

St. Joe reported first quarter 2024 results with revenue up 20% to $87.8 million and net income attributable to the Company up 34% to $13.9 million, or $0.24 per share. The board also declared a quarterly dividend of $0.12 per share, payable June 13, 2024, to holders of record on May 15, 2024, while real estate revenue fell 7%.

Key points

  • Revenue rose 20% to $87.8 million; hospitality revenue rose 60% to $39.3 million
  • Net income attributable to the Company rose 34% to $13.9 million, or $0.24 per share, versus $10.4 million, or $0.18, a year earlier
  • Quarterly dividend of $0.12 per share payable June 13, 2024, to shareholders of record May 15, 2024
  • Total real estate revenue fell 7% to $34.2 million; 216 homesites sold at an average base price of about $117,000

The filing

CompanySt. Joe (JOE)
Form8-K, current report
Filed with the SECApr 24, 2024, 4:10 PM ET
Accession number0001558370-24-005589

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.