Real estate developer St Joe Q3 net income surges on higher homesite prices

Reuters

Oct 30

Real estate developer St Joe Q3 net income surges on higher homesite prices

Overview

St Joe Q3 net income rises 130% yr/yr to $38.7 mln
Company Q3 revenue grows 63% yr/yr to $161.1 mln
Real estate revenue jumps 199% in Q3, driven by higher homesite prices

Outlook

Company did not provide specific future financial guidance in its press release

Result Drivers

REAL ESTATE GROWTH - Real estate revenue surged 199% due to higher homesite prices and increased gross margins
WATERCREST SALE - Sale of Watercrest senior living community contributed $19.4 mln in gross profit
HOSPITALITY AND LEASING RECORDS - Hospitality revenue increased by 9% to a record $60.6 mln; leasing revenue rose 7% to a record $16.7 mln

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Real Estate Revenue		$83.80 mln
Q3 Net Income		$40.20 mln

Press Release: ID:nBw8tMSH9a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2579317361"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2579317361\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2579317361?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-30 05:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2579317361","market":"us","top_or_hot":-1,"title":"Real estate developer St Joe Q3 net income surges on higher homesite prices","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Real estate developer St Joe Q3 net income surges on higher homesite prices</title></head><body><p><span>Overview</span></p><ul><li><p>St Joe Q3 net income rises 130% yr/yr to $38.7 mln</p></li><li><p>Company Q3 revenue grows 63% yr/yr to $161.1 mln</p></li><li><p>Real estate revenue jumps 199% in Q3, driven by higher homesite prices</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company did not provide specific future financial guidance in its press release</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>REAL ESTATE GROWTH - Real estate revenue surged 199% due to higher homesite prices and increased gross margins</p></li><li><p>WATERCREST SALE - Sale of Watercrest senior living community contributed $19.4 mln in gross profit</p></li><li><p>HOSPITALITY AND LEASING RECORDS - Hospitality revenue increased by 9% to a record $60.6 mln; leasing revenue rose 7% to a record $16.7 mln</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Real Estate Revenue</p></td><td></td><td><p>$83.80 mln</p></td><td></td></tr><tr><td><p>Q3 Net Income</p></td><td></td><td><p>$40.20 mln</p></td><td></td></tr></tbody></table><p>Press Release: <span>ID:nBw8tMSH9a</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Real estate developer St Joe Q3 net income surges on higher homesite prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReal estate developer St Joe Q3 net income surges on higher homesite prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-30 05:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Real estate developer St Joe Q3 net income surges on higher homesite prices</title></head><body><p><span>Overview</span></p><ul><li><p>St Joe Q3 net income rises 130% yr/yr to $38.7 mln</p></li><li><p>Company Q3 revenue grows 63% yr/yr to $161.1 mln</p></li><li><p>Real estate revenue jumps 199% in Q3, driven by higher homesite prices</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company did not provide specific future financial guidance in its press release</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>REAL ESTATE GROWTH - Real estate revenue surged 199% due to higher homesite prices and increased gross margins</p></li><li><p>WATERCREST SALE - Sale of Watercrest senior living community contributed $19.4 mln in gross profit</p></li><li><p>HOSPITALITY AND LEASING RECORDS - Hospitality revenue increased by 9% to a record $60.6 mln; leasing revenue rose 7% to a record $16.7 mln</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Real Estate Revenue</p></td><td></td><td><p>$83.80 mln</p></td><td></td></tr><tr><td><p>Q3 Net Income</p></td><td></td><td><p>$40.20 mln</p></td><td></td></tr></tbody></table><p>Press Release: <span>ID:nBw8tMSH9a</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4193","symbol_name":"多样化房地产活动","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251029:nL1N3WA1KJ:1","article_id":"2579317361","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579317361","pubTimestamp":1761771733,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Real estate developer St Joe Q3 net income surges on higher homesite pricesOverviewSt Joe Q3 net income rises 130% yr/yr to $38.7 mlnCompany Q3 revenue grows 63% yr/yr to $161.1 mlnReal estate revenue","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4193":"多样化房地产活动","JOE":"圣乔"},"translate_title":"房地产开发商圣乔第三季度净利润因房价上涨而飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JOE":0.9},"content_text":"Real estate developer St Joe Q3 net income surges on higher homesite pricesOverviewSt Joe Q3 net income rises 130% yr/yr to $38.7 mlnCompany Q3 revenue grows 63% yr/yr to $161.1 mlnReal estate revenue jumps 199% in Q3, driven by higher homesite pricesOutlookCompany did not provide specific future financial guidance in its press releaseResult DriversREAL ESTATE GROWTH - Real estate revenue surged 199% due to higher homesite prices and increased gross marginsWATERCREST SALE - Sale of Watercrest senior living community contributed $19.4 mln in gross profitHOSPITALITY AND LEASING RECORDS - Hospitality revenue increased by 9% to a record $60.6 mln; leasing revenue rose 7% to a record $16.7 mlnKey DetailsMetricBeat/MissActualConsensus EstimateQ3 Real Estate Revenue$83.80 mlnQ3 Net Income$40.20 mlnPress Release: ID:nBw8tMSH9aFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}