ALLETE Q1 EPS $0.88 Misses $1.02 Estimate, Sales $403.30M Miss $504.75M Estimate

Author: Benzinga Newsdesk | May 09, 2024 06:12am
ALLETE (NYSE:ALE) reported quarterly earnings of $0.88 per share which missed the analyst consensus estimate of $1.02 by 13.73 percent. This is a 13.73 percent decrease over earnings of $1.02 per share from the same period last year. The company reported quarterly sales of $403.30 million which missed the analyst consensus estimate of $504.75 million by 20.10 percent. This is a 28.61 percent decrease over sales of $564.90 million the same period last year.

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