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ALLETE Q2 2024 GAAP EPS $0.57 Misses $0.83 Estimate, Sales $354.500M Miss $547.000M Estimate

Benzinga ·  Aug 1 18:33

ALLETE (NYSE:ALE) reported quarterly earnings of $0.57 per share which missed the analyst consensus estimate of $0.83 by 31.33 percent. This is a 36.67 percent decrease over earnings of $0.90 per share from the same period last year. The company reported quarterly sales of $354.500 million which missed the analyst consensus estimate of $547.000 million by 35.19 percent. This is a 33.54 percent decrease over sales of $533.400 million the same period last year.

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