PANAMA CITY BEACH, Fla. (AP) _ The St. Joe Co. (JOE) on Wednesday reported second-quarter net income of $24.2 million.

On a per-share basis, the Panama City Beach, Florida-based company said it had net income of 41 cents.

The real estate development company posted revenue of $72.2 million in the period.

St. Joe shares have increased roughly 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $44.94, more than doubling in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JOE at https://www.zacks.com/ap/JOE

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