ALLETE, Inc. (ALE) Tops Q1 EPS by 1c

Go back to ALLETE, Inc. (ALE) Tops Q1 EPS by 1c

ALLETE, Inc. Reports First Quarter 2018 Earnings of 99 Cents Per Share

May 2, 2018 6:30 AM EDT

DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE: ALE) today reported first quarter 2018 earnings of 99 cents per share on net income of $51.0 million and operating revenue of $358.2 million. Last years results were 97 cents per share on net income of $49.0 million and operating revenue of $365.6 million.

Our multifaceted growth strategy is evidenced in our financial results for the quarter, and overall the results are in-line with our expectations; our full-year earnings guidance range and expected contribution ranges from our Regulated Operations segment, and Energy Infrastructure and Related Services businesses and Corporate and Other... More