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
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?
ALE, ASGN and BRSP have been added to the Zacks Rank #5 (Strong Sell) List on May 7, 2024.