The St. Joe Company (JOE) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, and thank you for standing by. Welcome to the St. Joe Company First Quarter 2026 Earnings Conference Call. At this time, all participants are on a listen-only mode. After this week's presentation, there will be a question-and-answer session. If you wish to ask a question via the webcast, please use the Q&A box available on the webcast link at any time during the conference. Please see it by Saturday's conference is being recorded. I would now like to end the conference over to your speaker host for today. This is George Gonzalez, President, CEO, and the Chairman of the St. Joe Company. Please go ahead, sir. Thank you, and good afternoon. I'm George Gonzalez, President, CEO, and Chairman of the St. Joe Company. It is my pleasure to welcome you to our quarterly earnings call. I'm joined today by Merrick Bakun, our Chief Financial Officer. On Wednesday, after the market closed, we issued our first quarter of 2026 earnings press release, which can be found in the investor relations section of our corporate website at go.com. This afternoon, we are continuing our commitment to quarterly earnings calls to provide our shareholders and the investor community with an opportunity to ask questions about our business and performance. We have always been an open and transparent company that welcomes all feedback and opinions. Because of the types of assets that we own, we always encourage shareholders to visit us in person so they may assess firsthand the progress of the region and of our assets. If you want to send us questions for later in the call, you may do so by visiting the top right-hand corner of your screen where the words submitted question are visible. Clicking on that text will take you to the text entry box where you can type in your question and then clic...