What's up Joe ?

What should have been unnerving to investors, however, was the defensive nature of St. Joe's management on the conference call. CEO Peter Rummell stumbled and stammered his way through several of the more challenging questions. Executives tried to put the best spin on the results that they could, often talking in double-speak or refusing to answer questions outright.

bizjournals.com
St. Joe Co. earnings fall 76 percent in 1Q
Tuesday May 2, 11:37 am ET

The St. Joe Co. earned $3.7 million in the first quarter ended March 31, down 76 percent from $15.4 million in first-quarter 2005.

St. Joe (NYSE: JOE - News), the Jacksonville-based developer of residential and commercial real estate, earned 5 cents per share, down from 20 cents a share in first-quarter 2005.