NYSE:JOEReal Estate
St. Joe (JOE) Profit Margin Tops Expectations, Reinforcing Bullish Earnings Narrative
St. Joe (JOE) reported a net profit margin of 19.4%, topping last year’s margin of 18.3%. Earnings accelerated this year, rising 16.5%, which outpaces the five-year average growth rate of 9.5%. Investors are likely to see the stronger profit margins and faster annual earnings growth as positive, especially given the company’s reputation for high-quality earnings.
See our full analysis for St. Joe.
Next, we’ll see how these headline results compare to the most popular narratives around St...