Advertisement
Allete Q2 Net Profit, Revenues Decline
(RTTNews) - Energy utility Allete, Inc. (ALE) reported Thursday that net income attributable to ALLETE for the second quarter declined to $33.0 million or $0.57 per share from $51.5 million or $0.90 per share in the prior-year quarter.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.88 per share for the quarter. Analysts' estimates typically exclude special items.
Total operating revenue for the quarter decreased to $354.5 million from $533.4 million in the same quarter last year. Analysts expected revenues of $547.0 million for the quarter.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
Allete Q4 Results Miss Estimates
Energy utility Allete Inc. (ALE) reported Tuesday that net income attributable to ALLETE for the fourth quarter edged down to $51.5 million or $0.89 per share from $51.7 million or $0.90 per share in the prior-year quarter.
RTTNews
|
585 dias atrás
Allete Q3 Earnings Miss Estimates; Maintains FY22 Outlook
Energy utility Allete Inc. (ALE) reported Wednesday that net income attributable to ALLETE for the third quarter grew to $33.7 million or $0.59 per share from $27.6 million or $0.53 per share in the prior-year quarter.
RTTNews
|
1053 dias atrás
U.S. Dollar Drops After PCE Inflation Data
The U.S. dollar fell against its major counterparts in the New York session on Friday, following the release of PCE inflation data.
RTTNews
|
14h 22min atrás
Canadian Market Modestly Higher; Materials Stocks Shine
The Canadian market looks set to end on a positive note on Friday with the nation's GDP data and data showing U.S. consumer prices increased in line with expectations in the month of August help underpin sentiment.
RTTNews
|
19h 30min atrás
Swiss Market Settles On Firm Note
The Switzerland market closed on a firm note on Friday, in line with markets across Europe, as data showing U.S. consumer prices increased in line with estimates helped ease concerns about the outlook for rate cuts by the Federal Reserve. Investors largely shrugged off U.S. President Donald Trump's announcement of a fresh round of tariffs.
RTTNews
|
20h 15min atrás
European Markets Close On Firm Note On Renewed Hopes Of Fed Rate Cuts
Despite U.S. President Donald Trump's announcement of fresh tariffs on several items imported into America, the major European markets closed on a firm note on Friday amid prospects of the Federal Reserve lowering interest rates after a closely watched data showed consumer prices in U.S. increased in line with estimates in the month of August.
RTTNews
|
20h 33min atrás
U.S. Consumer Sentiment Declines Slightly More Than Initially Estimated In September
Consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of September, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for September was downwardly revised to 55.1 from a preliminary ready of 55.4.
RTTNews
|
23h 18min atrás
U.S. Consumer Price Growth Matches Estimates In August
The Commerce Department released a report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of August. The report said the personal consumption expenditures (PCE) price index climbed by 0.3 percent in August after rising by 0.2 percent in July. The price growth matched expectations.
RTTNews
|
23h 41min atrás
