JOE Misses Estimates, Still In Red
The St. Joe Company (NYSE:JOE), a publicly held real estate company, reported a net loss of $328.6 million or $3.56 per share in fourth quarter 2011 compared with a net loss of $2.7 million or 3 cents in the year-earlier quarter. The year-over-year decrease in earnings was primarily due to a pre-tax non-cash impairment charge [...]
The St. Joe Company (NYSE:JOE), a publicly held real estate company, reported a net loss of $328.6 million or $3.56 per share in fourth quarter 2011 compared with a net loss of $2.7 million or 3 cents in the year-earlier quarter. The year-over-year decrease in earnings was primarily due to a pre-tax non-cash impairment charge of $374.8 million or $3.50 per share after-tax, excluding which the recurring earnings for the reported quarter were (6 cents) per share that missed the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards