St Joe Improves With Timber Sales
Posted on May 10, 2011 at 14:27 PM EDT
The St. Joe Company (NYSE:JOE), a publicly held real estate company, reported a net income of $14.1 million or 15 cents per share in the first quarter of 2011 compared with a net loss of $11.4 million or 13 cents in the year-earlier quarter. The superior results were primarily due to a pre-tax gain of [...]