ALLETE, Inc. Reports Second Quarter Earnings

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ALLETE, Inc. (ALE) Misses Q2 EPS by 28c, Offers Guidance

August 5, 2020 6:38 AM EDT

ALLETE, Inc. (NYSE: ALE) reported Q2 EPS of $0.39, $0.28 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $243.2 million versus the consensus estimate of $290.75 million.

GUIDANCE:

ALLETE, Inc. sees FY2020 EPS of $3.25-$3.45, versus the consensus of... More