NYSE$JOE
The St. Joe Company · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
St. Joe's Q3 2024 results were reported, with a mix of revenue performance across segments. Hospitality and leasing revenues saw growth, while real estate revenue declined. The company continues to focus on recurring revenue streams and efficient operations.
St. Joe Company reported a 2% decrease in total revenue for Q3 2024, amounting to $99.0 million. Hospitality and leasing revenues increased by 17% and 19%, respectively, while real estate revenue decreased by 32%. Net income attributable to the company decreased by 13% to $16.8 million, or $0.29 per share. The company is focused on growing recurring revenue and improving operational efficiency.
- Total revenue decreased by 2% to $99.0 million compared to Q3 2023.
- Hospitality revenue increased by 17% to $55.4 million.
- Leasing revenue increased by 19% to $15.6 million.
- Real estate revenue decreased by 32% to $28.0 million due to timing of homesite closings and product mix.
Headline financials
Revenue & EPS history
St. Joe · Revenue · Quarterly
$99M
Revenue by segment
St. Joe · $60.5M total across 2 segments · Q3 2023
- Hospitality$47.4M+63.4%78.3%
- Leasing$13.1M+29.7%21.7%
Forward guidance
The St. Joe Company did not provide specific forward guidance in the earnings report. The report focused on the results of the third quarter and first nine months of 2024 and strategic initiatives.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+1.0%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+2.6%
Avg return
30 days after
55%
38 / 69 earnings
Positive
+19.0%
Q2 2023
Best reaction
-7.0%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | -8.3% | -10.5% | |
| Q4 2025 | +1.2% | +5.6% | -10.9% | |
| Q3 2025 | +11.4% | +20.1% | +23.0% | |
| Q2 2025 | -1.0% | -3.0% | +2.3% | |
| Q1 2025 | +1.0% | +1.7% | +3.5% | |
| Q4 2024 | +2.8% | +1.1% | -0.3% | |
| Q3 2024 | -7.0% | -7.6% | -11.8% | |
| Q2 2024 | +1.8% | +0.2% | -3.5% | |
| Q1 2024 | +1.4% | +2.8% | -1.3% | |
| Q4 2023 | +3.3% | +0.3% | +1.7% | |
| Q3 2023 | -5.0% | -6.3% | +7.8% | |
| Q2 2023 | +19.0% | +17.0% | +9.6% | |
| Q1 2023 | +0.8% | +1.5% | +15.5% | |
| Q4 2022 | -1.3% | -3.5% | -11.0% | |
| Q3 2022 | -1.2% | -1.1% | +2.8% | |
| Q2 2022 | -0.6% | -2.6% | -7.7% | |
| Q1 2022 | +4.9% | -3.5% | -5.7% | |
| Q4 2021 | +8.5% | +15.6% | +28.7% | |
| Q3 2021 | -0.4% | -2.6% | +3.7% | |
| Q2 2021 | +3.7% | -0.0% | +3.7% | |
| Q1 2021 | -0.6% | -0.1% | +1.8% | |
| Q4 2020 | +3.1% | -1.2% | -14.8% | |
| Q3 2020 | +9.3% | +4.8% | +30.4% | |
| Q2 2020 | +3.5% | -0.5% | +14.9% | |
| Q1 2020 | +1.1% | -4.5% | +6.4% | |
| Q4 2019 | -2.7% | -1.1% | -18.3% | |
| Q3 2019 | +1.0% | +0.4% | +3.4% | |
| Q2 2019 | -3.9% | -10.1% | -6.8% | |
| Q1 2019 | +1.5% | +2.3% | -6.5% | |
| Q4 2018 | -1.3% | -0.1% | +4.7% | |
| Q3 2018 | +5.3% | +1.8% | -1.3% | |
| Q2 2018 | +1.4% | +2.0% | -2.5% | |
| Q1 2018 | -3.2% | -0.6% | +4.0% | |
| Q4 2017 | +4.5% | +8.5% | +7.1% | |
| Q3 2017 | +1.7% | +1.7% | +5.1% | |
| Q2 2017 | +0.8% | +2.8% | +3.9% | |
| Q1 2017 | -0.3% | +2.0% | +3.2% | |
| Q4 2016 | +3.3% | -0.3% | +2.4% | |
| Q3 2016 | +3.3% | +6.6% | +22.4% | |
| Q2 2016 | -0.3% | +1.6% | +3.2% | |
| Q1 2016 | +2.0% | — | — | |
| Q4 2015 | +3.0% | — | — | |
| Q3 2015 | +0.4% | — | — | |
| Q2 2015 | -1.2% | — | — | |
| Q1 2015 | +0.9% | — | — | |
| Q4 2014 | -2.0% | — | — | |
| Q3 2014 | -5.3% | — | — | |
| Q2 2014 | -6.9% | — | — | |
| Q1 2014 | -0.1% | — | — | |
| Q4 2013 | +4.1% | — | — | |
| Q3 2013 | +9.9% | — | — | |
| Q2 2013 | -0.3% | — | — | |
| Q1 2013 | -4.1% | — | — | |
| Q4 2012 | -4.2% | — | — | |
| Q3 2012 | +12.1% | — | — | |
| Q2 2012 | +3.8% | — | — | |
| Q1 2012 | -2.7% | — | — | |
| Q4 2011 | -2.4% | — | — | |
| Q4 2010 | -2.4% | — | — | |
| Q3 2011 | -3.3% | — | — | |
| Q2 2011 | -3.4% | — | — | |
| Q1 2010 | +0.9% | — | — | |
| Q1 2011 | +3.6% | — | — | |
| Q4 2008 | +4.5% | — | — | |
| Q3 2010 | +0.8% | — | — | |
| Q3 2009 | +0.8% | — | — | |
| Q2 2010 | -3.3% | — | — | |
| Q2 2009 | -3.3% | — | — | |
| Q4 2009 | -3.3% | — | — |
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