SYDNEY (MarketWatch) - Shares in the St. Joe Company (JOE 23.81, -3.72, -13.51%) fell more than 13% in after-hours trading on Wednesday. The firm said it would delay the release of its fourth quarter and fiscal-year results. The company has postponed its earnings report to Mar. 1, from Feb. 24. The Florida-based real estate developer said the extension is required in order to finalize its Form 10-K.
Ouch. They're having trouble with the numbers and Wall Street knows it.