Form 8-K ALLETE INC For: Feb 13
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ALLETE, Inc. (ALE) Discloses 2020 Guidance
February 13, 2020 6:25 AM ESTALLETE, Inc. (NYSE: ALE) today initiated its 2020 earnings guidance range of $3.40 to $3.70 per share on net income of $180 million to $190 million. This guidance range is comprised of our Regulated Operations segment earnings within a range of $2.75 to $2.95 per share, and ALLETE Clean Energy and Corporate and Other operations earnings within a range of $0.65 to $0.75 per share. We reaffirm our long-term objective of achieving average annual earnings per share growth of 5 to 7 percent.
(*Consensus sees FY20 EPS of 3.67)
Key factors, expectations, considerations and assumptions impacting 2020... More
