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ALLETE Q3 2023 EPS $1.49 Beats $0.68 Estimate, Sales $378.80M Miss $397.25M Estimate

Author: Benzinga Newsdesk | November 02, 2023 06:42am
ALLETE (NYSE:ALE) reported quarterly earnings of $1.49 per share which beat the analyst consensus estimate of $0.68 by 119.12 percent. This is a 152.54 percent increase over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $378.80 million which missed the analyst consensus estimate of $397.25 million by 4.64 percent. This is a 2.45 percent decrease over sales of $388.30 million the same period last year.

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