ALLETE, Inc. (ALE) Tops Q3 EPS by 14c, Revenues Beat; Offers FY20 EPS Guidance
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ALLETE, Inc. Reports Third Quarter Earnings of 78 Cents
November 9, 2020 6:30 AM ESTReaffirms 2020 earnings guidance range
DULUTH, Minn.--(BUSINESS WIRE)-- ALLETE, Inc. (NYSE: ALE) today reported third quarter 2020 earnings of 78 cents per share on net income of $40.7 million. Last years results were 60 cents per share on net income of $31.2 million.
ALLETEs strong financial performance for this quarter and significant progress made on two of our large renewable energy projects representing over 500 megawatts of new, carbon free wind generation, demonstrate our resilience and resourcefulness while we work to mitigate the effects of the pandemic on our customers and the... More
