ALLETE, Inc. (ALE) Tops Q4 EPS by 12c

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ALLETE, Inc. (ALE) sees FY22 EPS of $3.60 to $3.90 per share

February 16, 2022 6:19 AM EST

ALLETE, Inc. (NYSE: ALE) disclosed:


ALLETE, Inc. (NYSE: ALE) today initiated its 2022 earnings guidance range of $3.60 to $3.90 per share on net income of $195 million to $210 million. This guidance range is comprised of our Regulated Operations segment earnings within a range of $2.60 to $2.80 per share, and ALLETE Clean Energy and Corporate and Other operations earnings within a range of $1.00 to $1.10 per share.

(Consensus sees FY22 EPS of $3.92)


Key factors, expectations, considerations and assumptions impacting 2022 guidance are summarized below.... More