What guidance did The St. Joe's management provide for the next earnings period?

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What does The St. Joe do and what are its main business segments?

What were the key takeaways from The St. Joe’s earnings call?

What is the revenue and EPS growth rate for The St. Joe year over year?

What is The St. Joe's latest dividend and current dividend yield?

What factors drove the changes in The St. Joe's revenue and profit?

Did The St. Joe beat or miss consensus estimates last quarter?

- **Revenue Surge**: 63% YoY growth driven by residential (94%), leasing (7%), and hospitality (9%) record highs. 
- **Strategic Asset Sale**: $41M Watercrest sale yielded $19.4M profit, exemplifying piggyback monetization. 
- **Share Buyback Acceleration**: 2025 YTD repurchases up 100%, with dividend hike to $0.16/share (14% increase). 
- **Market Expansion**: NYC flight connects to 20M metro population, boosting regional visibility. 
- **Pipeline Power**: 24,000 entitled homesites and 1,992 under contract highlight growth potential. 
- **Recurring Revenue Growth**: Leasing and hospitality up 10% and 12% YTD, respectively.

**【CEO Summary Section】**
- **Revenue Growth**: Q3 2025 revenue increased 63% YoY, driven by residential real estate (94% growth to $36.8M), leasing ($16.7M, all-time high), and hospitality ($60.6M, all-time Q3 record). 
- **Watercrest Sale**: Sold Watercrest senior living for $41M, yielding $19.4M gross profit, demonstrating asset monetization strategy. 
- **Pipeline Strength**: 24,000 entitled residential units in pipeline, with 1,992 homesites under contract (vs. 1,381 in 2024). 
- **Capital Allocation**: $20.4M in Q3 capex, $8.7M share buybacks (total $24.9M YTD), and 14% dividend increase to $0.16/share. 
- **Market Expansion**: New NYC flight to ECP airport, connecting to 20M NYC metro population, enhancing regional exposure. 

**【CFO Financial Commentary】**
- **Financial Highlights**: GAAP net income $42.3M (130% YoY growth), non-GAAP EPS $1.08. 
- **Liquidity Management**: $126M cash balance, $50M+ debt reduction YTD, and 1% annualized share buyback rate. 
- **Dividend Growth**: Dividends increased 129% since 2020 program launch. 
- **Recurring Revenue**: Leasing ($49.4M YTD) and hospitality ($169M YTD) show steady growth. 

**【Q&A Key Highlights】**
- **Share Buyback Strategy**: Prioritizes buybacks but balances liquidity needs; 2025 YTD repurchases up 100% vs. 2024. 
- **Asset Monetization**: Evaluating non-core timberlands and operating properties for sale, aiming for full value realization. 
- **WindMark Expansion**: Builder program success led to 800+ developed lots, with potential for 1,000-unit community. 
- **Townhome Transition**: Shifting 46 unleased townhomes to sales, achieving higher prices than leasing. 
- **Hospitality Growth**: Opening 5 hotels in 12 months, with continued pipeline expansion. 
- **Leasing Focus**: Targeting high-rate town centers (WaterSound, West Bay, FSU TMH) to double commercial portfolio. 
- **Builder Contracts**: Negotiating pricing, product differentiation, and takedown pace with builders to maximize margins.

The St. Joe Company (JOE) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

JOE

JOE fundamentals

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