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St. Joe: 3Q Earnings Snapshot

·1 min read

PANAMA CITY BEACH, Fla. (AP) _ The St. Joe Co. (JOE) on Wednesday reported third-quarter net income of $7.8 million.

On a per-share basis, the Panama City Beach, Florida-based company said it had profit of 13 cents.

The real estate development company posted revenue of $42 million in the period.

St. Joe shares have increased 25% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $24.88, an increase of 36% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JOE at https://www.zacks.com/ap/JOE