Allete Q3 Earnings Miss Estimates; Maintains FY22 Outlook

RTTNews | 1008日前
Allete Q3 Earnings Miss Estimates; Maintains FY22 Outlook

(RTTNews) - 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.

On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.74 per share for the quarter. Analysts' estimates typically exclude special items.

Total operating revenue for the quarter increased to $388.3 million from $345.4 million in the same quarter last year. Analysts expected revenues of $353.18 million for the quarter.

Looking ahead to fiscal 2022, the company continues to project earnings in the range of $3.60 to $3.90 per share.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Allete Q2 Net Profit, Revenues Decline

Allete Q2 Net Profit, Revenues Decline

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.
RTTNews | 377日前
Allete Q4 Results Miss Estimates

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 | 540日前
Additional Support Anticipated For South Korea Shares

Additional Support Anticipated For South Korea Shares

The South Korea stock market on Wednesday halted the three-day losing streak in which it had slumped more than 35 points or 1.2 percent. The KOSPI now sits just beneath the 3,225-point plateau and it may add to its winnings on Thursday.
RTTNews | 6分前
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market closed on a firm note on Wednesday, despite struggling for support mid way through the day's trading session. Investors largely made their moves, reacting to the most recent earnings updates.
RTTNews | 5時29分前