On November 4th The St. Joe Company posted a 2008 Q3 net loss of $0.21/share versus the consensus that group 5 stated during their presentation of a net loss of $0.03/share. This is compared to a net loss of $0.09/share for the Q3 of 2007. For more information see their 10-Q filing and earnings call transcript.
Disclosure: I'm a member of the group that pitched the JOE position.
Friday, November 7, 2008
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