Edition:
United States

St. Joe Co (JOE)

JOE on New York Consolidated

18.45USD
25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

The St. Joe Q2 earnings per share $0.15
Thursday, 3 Aug 2017 04:00pm EDT 

Aug 3 (Reuters) - St. Joe Co :The St. Joe company reports second quarter 2017 results.Q2 revenue $30.4 million versus $29.5 million.Q2 earnings per share $0.15.Says total revenue for quarter was $30.4 million as compared to $29.5 million in Q2 of 2016.  Full Article

St. Joe Q1 earnings per share $0.06
Thursday, 4 May 2017 04:08pm EDT 

May 4 (Reuters) - St. Joe Co ::The St. Joe Company reports first quarter 2017 results.Q1 earnings per share $0.06.Q1 revenue $13.2 million versus $20.3 million.St. Joe Co- as of March 31, 2017, company had cash, cash equivalents and investments of $392.6 million, as compared to $416.8 million as of December 31, 2016.St. Joe Co- anticipates that a majority of lots currently under development will be available for sale later in 2017.  Full Article

The St. Joe Company and Homecorp announce joint venture
Thursday, 13 Apr 2017 05:30pm EDT 

St. Joe Co : The St. Joe Company and Homecorp announce joint venture .St. Joe Co- formation of a joint venture to develop, manage, and lease multi-family housing in Panama City Beach, Florida.  Full Article

St.Joe Q4 EPS $0.04
Thursday, 2 Mar 2017 04:19pm EST 

St. Joe Co : The st. Joe company reports fourth quarter and full year 2016 results . Q4 earnings per share $0.04 .Q4 revenue $18.7 million versus $21.1 million.  Full Article

St. Joe through its unit St. Joe Timberland entered into an agreement with Windmark JV
Thursday, 29 Dec 2016 06:51am EST 

St. Joe Co : On dec 27 co through its unit St. Joe Timberland entered into an agreement with Windmark JV . Company will initially recognize a tax loss of approximately $125 million from the deal . St. Joe Co - agreement provided for Windmark JV to transfer $20.0 million to SJTC in exchange for Windmark beach development .St. Joe Co - there will be no impact on results of operations of company as a result of transaction.  Full Article

St. Joe Company reports Q3 2016 results
Thursday, 3 Nov 2016 04:08pm EDT 

St. Joe Co : The St. Joe Company reports third quarter 2016 results . Q3 earnings per share $0.04 .Q3 revenue $27.2 mln versus $27.8 mln.  Full Article

St. Joe Co posts Q2 revenue $29.5 million
Wednesday, 3 Aug 2016 04:05pm EDT 

St. Joe Co : Q2 revenue $29.5 million versus $37.8 million . The st. Joe company reports second quarter 2016 results .Q2 earnings per share $0.02.  Full Article

St. Joe Co announces retirement of Jeff Keil, Successor & Management Changes
Thursday, 19 Nov 2015 04:34pm EST 

St. Joe Co:Announced that Jeffrey Keil is retiring from his position as President & Interim Chief Executive Officer, effective as of November 18, 2015.Keil has served as a Director on the St. Joe Board of Directors since 2011 and assumed the position of President and Interim CEO in August 2014 upon the retirement of Park Brady.  Full Article

St. Joe Co, former CEO settle U.S. SEC accounting probe - Reuters
Tuesday, 27 Oct 2015 04:46pm EDT 

St. Joe Co:St. Joe Co and five individuals, including a former chief executive officer, agreed to settle U.S. regulatory charges the Florida developer and landowner improperly accounted for the falling value of its residential real estate assets after the financial crisis - RTRS.The civil settlement announced by the U.S. Securities and Exchange Commission on Tuesday was five years after Greenlight Capital Inc hedge fund manager David Einhorn accused St. Joe Co of vastly overvaluing its real estate holdings - RTRS.The SEC said St. Joe will pay a $2.75 million fine, while former CEO William Britton Greene will pay a $120,000 fine and give up $400,000 of gains plus interest - RTRS.A former chief financial officer, William McCalmont, and a former chief accounting officer, Janna Connolly, also agreed to pay fines and give up gains - RTRS.Two former accounting directors were also sanctioned. None of the defendants admitted wrongdoing - RTRS.The SEC said St. Joe materially overstated earnings and assets in 2009 and 2010 because it failed to take required writedowns on properties hit hard by the financial crisis - RTRS.After shortfalls were addressed in the fourth quarter of 2011, St. Joe recognized more than $374 million in impairment losses associated with real estate investments, the SEC said - RTRS.  Full Article

BRIEF-The St. Joe Q2 earnings per share $0.15

* Says total revenue for quarter was $30.4 million as compared to $29.5 million in Q2 of 2016 Source text for Eikon: Further company coverage: