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ALLETE Q3 EPS $0.78 Misses $0.93 Estimate, Sales $407.20M Beat $391.00M Estimate

Benzinga ·  Oct 30 18:11

ALLETE (NYSE:ALE) reported quarterly earnings of $0.78 per share which missed the analyst consensus estimate of $0.93 by 16.13 percent. This is a 47.65 percent decrease over earnings of $1.49 per share from the same period last year. The company reported quarterly sales of $407.20 million which beat the analyst consensus estimate of $391.00 million by 4.14 percent. This is a 7.50 percent increase over sales of $378.80 million the same period last year.

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