Allete (ALE) Misses Q4 Earnings and Revenue Estimates
ALEALLETE(ALE) Zacks Investment Research·2024-02-20 21:46

Allete (ALE) came out with quarterly earnings of 0.89pershare,missingtheZacksConsensusEstimateof0.89 per share, missing the Zacks Consensus Estimate of 0.93 per share. This compares to earnings of 0.90pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−4.300.90 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -4.30%. A quarter ago, it was expected that this power company owner would post earnings of 0.61 per share when it actually produced earnings of $1.49, delivering a surprise of 144.26%. Over the last four quarters, the co ...