PANAMA CITY BEACH, Fla. (AP) — PANAMA CITY BEACH, Fla. (AP) — The St. Joe Co. (JOE) on Wednesday reported profit of $13.2 million in its fourth quarter.

On a per-share basis, the Panama City Beach, Florida-based company said it had profit of 23 cents.

The real estate development company posted revenue of $86.7 million in the period.

For the year, the company reported profit of $77.7 million, or $1.33 per share. Revenue was reported as $389.2 million.

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