St. Joe Company (JOE) Reports Q4 Loss of $0.03

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Go back to St. Joe Company (JOE) Reports Q4 Loss of $0.03

The St. Joe Company Reports Fourth Quarter and Full Year 2015 Results

March 2, 2016 5:28 PM EST

WATERSOUND, Fla.--(BUSINESS WIRE)-- The St. Joe Company (NYSE: JOE) (the Company) today announced Net Loss for the fourth quarter of 2015 of $(2.5) million, or $(0.03) per share, compared with Net Loss of $(11.1) million, or $(0.12) per share, for the fourth quarter of 2014. For the full year ended December 31, 2015, the Company reported Net Loss of $(1.7) million, or $(0.02) per share compared to Net Income of $406.5 million, or $4.40 per share for the same period last year. The 2014 earnings included the Companys AgReserves and RiverTown transactions and the Companys Pension Plan termination.

Fourth Quarter and Full Year 2015 update includes:... More