The St. Joe Company (JOE) Q3 2025 Earnings Call

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WEBVTT 00:00:00.892 -- 00:00:03.755 Good day and thank you for standing by. Welcome to the St. 00:00:03.755 -- 00:00:07.979 Joe Company's third quarter 2025 earnings conference call. 00:00:07.979 -- 00:00:11.263 At this time, all participants are in a listen-only mode. 00:00:11.263 -- 00:00:15.027 After the speaker's presentation, there will be a question and answer session. 00:00:15.027 -- 00:00:19.191 If you wish to ask a question via the webcast, please use the Q&A box available on the 00:00:19.191 -- 00:00:22.534 webcast link at any time during the conference. 00:00:22.534 -- 00:00:25.778 Please be advised that today's conference is being recorded. 00:00:25.778 -- 00:00:27.299 I'd now like to hand the conference over to Mr. 00:00:27.299 -- 00:00:30.142 George Gonzalez, President, CEO, and Chairman. 00:00:30.142 -- 00:00:32.093 Please go ahead. 00:00:32.093 -- 00:00:35.838 Thank you, and good morning. I'm George Gonzalez, President, CEO, and Chairman of the 00:00:35.838 -- 00:00:41.126 St. Joe Company. It is my pleasure to welcome you to our quarterly earnings release. 00:00:41.126 -- 00:00:45.071 I'm joined today by Merrick McCoon, our Chief Financial Officer. 00:00:45.071 -- 00:00:49.878 Yesterday afternoon, after the market closed, we issued our third quarter 2025 earnings 00:00:49.878 -- 00:00:56.106 release, which can be found in the investor relations portion of our website at joe.com, 00:00:56.106 -- 00:00:57.912 J-O-E.com. 00:00:57.912 -- 00:01:02.999 This morning, we continue our commitment to quarterly earnings calls to provide our shareholders 00:01:02.999 -- 00:01:07.865 and the investor community with an opportunity to ask questions about our business and 00:01:07.865 -- 00:01:09.627 performance. 00:01:09.627 -- 00:01:16.056 We have always been an ope...