ALLETE, Inc. (ALE) Tops Q2 EPS by 18c
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ALLETE, Inc. Reports Strong Second Quarter 2017 Earnings
August 2, 2017 6:30 AM EDTDULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE: ALE) today reported second quarter 2017 earnings of 72 cents per share on net income of $36.9Â million and operating revenue of $353.3 million. Last years results were 50 cents per share on net income of $24.8Â million and operating revenue of $314.8 million.
ALLETEs businesses continue to make significant progress on key initiatives that will strategically position us for success in 2017 and beyond. On July 28, 2017, Minnesota Power submitted a resource package to the Minnesota Public Utilities Commission requesting approval for a 250 MW wind energy power purchase agreement, a 10 MW solar energy... More
