St. Joe

Q3 2025 +11.43%Q2 2025 +3.74%Q1 2025 +0.98%Q4 2024 +2.82%Q3 2024 -7.01%Q2 2024 +1.79%Q1 2024 +1.37%Q4 2023 +3.34%Q3 2023 -4.97%Q2 2023 +19.03%Q1 2023 +0.85%Q4 2022 -1.26%Q3 2022 -1.23%Q2 2022 -0.57%Q1 2022 +4.90%Q4 2021 +8.54%Q3 2021 -0.42%Q2 2021 +3.65%Q1 2021 -0.61%Q4 2020 +3.08%Q3 2020 +9.25%Q2 2020 +3.49%Q1 2020 +1.10%Q4 2019 -2.67%Q3 2019 +0.98%Q2 2019 -3.94%Q1 2019 +1.47%Q4 2018 -1.33%Q3 2018 +5.33%Q2 2018 +1.42%Q1 2018 -3.17%Q4 2017 +4.55%Q3 2017 +1.70%Q2 2017 +0.83%Q1 2017 -0.29%Q4 2016 +3.30%Q3 2016 +3.32%Q2 2016 -0.27%Q1 2016 +2.04%Q4 2015 +3.05%Q3 2015 +0.40%Q2 2015 -1.19%Q1 2015 +0.89%Q4 2014 -2.02%Q3 2014 -5.28%Q2 2014 -6.94%Q1 2014 -0.05%Q4 2013 +4.11%Q3 2013 +9.93%Q2 2013 -0.32%Q1 2013 -4.11%Q4 2012 -4.22%Q3 2012 +12.12%Q2 2012 +3.83%Q1 2012 -2.68%Q4 2010 -2.36%Q4 2011 -2.36%Q3 2011 -3.33%Q2 2011 -3.37%Q1 2010 +0.91%Q1 2011 +3.59%Q4 2008 +4.46%Q3 2009 +0.82%Q3 2010 +0.82%Q2 2009 -3.33%Q2 2010 -3.33%Q4 2009 -3.33%

Apr 29, 2020

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Mar 31, 2020

St. Joe Q1 2020 Earnings Report

St. Joe's revenue increased by 16% year-over-year, but the company reported a net loss due to the impact of COVID-19 on hospitality operations and investment losses.

Key Takeaways

St. Joe reported a 16% increase in revenue for Q1 2020, reaching $18.6 million compared to $16.0 million in Q1 2019. However, the company experienced a net loss of $1.5 million, or $0.03 per share, due to the impact of COVID-19 on its hospitality segment and a total investment loss of $1.6 million. Despite these challenges, the residential and commercial segments showed resilience, and the company increased its backlog of residential homesite contracts and leased apartment units.

Total revenue increased by 16% year-over-year, reaching $18.6 million.

Net loss was ($1.5) million, or ($0.03) per share, compared to net income of $2.0 million, or $0.03 per share, for the same period in 2019, impacted by COVID-19.

Real estate revenue increased to $5.8 million from $4.6 million year-over-year.

The Company had 979 residential homesites under contract as of March 31, 2020, expected to result in revenue of approximately $91.0 million over the next several years.