St. Joe Company (JOE) Tops Q3 EPS by 1c; Approves Additional Buybacks

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Go back to St. Joe Company (JOE) Tops Q3 EPS by 1c; Approves Additional Buybacks

The St. Joe Company Reports Third Quarter 2015 Results and Announces Additional Authority for Repurchases of Shares of Its Common Stock

November 5, 2015 4:07 PM EST

WATERSOUND, Fla.--(BUSINESS WIRE)-- The St. Joe Company (NYSE: JOE) (the Company) today announced Net Income for the third quarter of 2015 of $2.8 million, or $0.03 per share, compared with Net Loss of $(0.1) million, or $(0.00) per share, for the third quarter of 2014. For the nine months ended September 30, 2015, the Company reported Net Income of $0.8 million, or $0.01 per share compared to Net Income of $417.6 million, or $4.52 per share for the same period last year. The 2014 earnings included the Companys AgReserves and RiverTown transactions.

During the nine months ended September 30, 2015, the Company repurchased a total of... More