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Sep 30, 2023
St. Joe Q3 2023 Earnings Report
St. Joe's Q3 2023 performance was marked by significant revenue and net income growth, driven by strong performance across all segments.
Key Takeaways
St. Joe Company reported a strong third quarter in 2023, with a 76% increase in revenue to $101.4 million and a 57% increase in net income to $19.4 million compared to the same period in 2022. The growth was fueled by significant increases in real estate, hospitality, and leasing revenues.
Total revenue increased by 76% to $101.4 million compared to Q3 2022.
Net income attributable to the Company increased by 57% to $19.4 million compared to Q3 2022.
Real estate revenue increased by 131% to $39.9 million.
Hospitality revenue increased by 63% to $47.4 million, marking a quarterly record.
St. Joe
St. Joe
St. Joe Revenue by Segment
Revenue by Segment
Real Estate Revenue
CapyFin.comHospitality Revenue
CapyFin.comLeasing Revenue
CapyFin.com Forward Guidance
The St. Joe Company did not provide a specific forward guidance in the Q3 2023 earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income