PANAMA CITY BEACH, Fla. (AP) — PANAMA CITY BEACH, Fla. (AP) — The St. Joe Co. (JOE) on Wednesday reported earnings of $29.9 million in its fourth quarter.

The Panama City Beach, Florida-based company said it had profit of 52 cents per share.

The real estate development company posted revenue of $128.9 million in the period.

For the year, the company reported profit of $115.6 million, or $2 per share. Revenue was reported as $513.2 million.

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