ALLETE, Inc. (ALE)
After hours:
| Previous close | 62.93 |
| Open | 63.20 |
| Bid | 62.94 x 800 |
| Ask | 63.10 x 800 |
| Day's range | 62.93 - 63.40 |
| 52-week range | 49.29 - 65.86 |
| Volume | |
| Avg. volume | 402,695 |
| Market cap | 3.644B |
| Beta (5Y monthly) | 0.74 |
| PE ratio (TTM) | 14.70 |
| EPS (TTM) | 4.30 |
| Earnings date | 06 Aug 2024 - 12 Aug 2024 |
| Forward dividend & yield | 2.82 (4.49%) |
| Ex-dividend date | 14 May 2024 |
| 1y target est | 61.97 |
Business WireALLETE, Inc. reports first quarter 2024 earnings
DULUTH, Minn., May 09, 2024--ALLETE, Inc. (NYSE: ALE) today reported first quarter 2024 earnings of 88 cents per share on net income of $50.7 million. Last year’s first quarter results were $1.02 per share on net income of $58.2 million. Net income in 2024 includes interim rate refund reserves of 7 cents per share due to Minnesota Power’s rate case settlement, a 6 cent per share negative impact due to warmer winter weather, and 2 cents per share of transaction expenses related to the recently an
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Unitil (UTL) delivered earnings and revenue surprises of 6.96% and 14.50%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
ZacksNew Strong Sell Stocks for May 7th
ALE, ASGN and BRSP have been added to the Zacks Rank #5 (Strong Sell) List on May 7, 2024.
