ALLETE, Inc. Reports Second Quarter 2016 Earnings

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ALLETE, Inc. (ALE) Misses Q2 EPS by 1c

August 3, 2016 7:41 AM EDT

ALLETE, Inc. (NYSE: ALE) reported Q2 EPS of $0.50, $0.01 worse than the analyst estimate of $0.51. Revenue for the quarter came in at $314.8 million versus the consensus estimate of $326.7 million.

We are encouraged by developments in the quarter that point to improved future production levels for... More