Allete Q4 Results Miss Estimates

RTTNews | 309天前
Allete Q4 Results Miss Estimates

(RTTNews) - 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.

On average, five analysts polled by Thomson Reuters expected the company to report earnings of $0.97 per share for the quarter. Analysts' estimates typically exclude special items.

Total operating revenue for the quarter increased to $402.7 million from $425.8 million in the same quarter last year. Analysts expected revenues of $425.30 million for the quarter.

Looking ahead, the Company has a long-term objective of achieving consolidated earnings per share growth within a range of 5 to 7 percent.

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 | 146天前
Allete Q3 Earnings Miss Estimates; Maintains FY22 Outlook

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 | 777天前
Sensex, Nifty Edge Higher In Cautious Trade

Sensex, Nifty Edge Higher In Cautious Trade

Indian shares were a tad higher on Thursday after U.S. shares kicked of their seasonal Santa Claus rally on Tuesday in thin pre-Christmas trade.
RTTNews | 5小时13分钟前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the lack of cues from global markets overnight as they were closed for Christmas holiday and the thin trading with some markets in the region closed in the holiday-shortened week. Traders react to China's central bank holding the interest rate on the one-year medium-term lending facility at 2% on Wednesday.
RTTNews | 6小时34分钟前
Japanese Market Notably Higher

Japanese Market Notably Higher

Adding to the gains in the previous session, the Japanese stock market is notably higher on Thursday, following the lack of cues from global markets overnight as they were closed for Christmas holiday. The Nikkei 225 is moving well above the 39,300 level, with gains across most sectors led by index heavyweights and automaker stocks.
RTTNews | 8小时30分钟前
Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 1天前
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 1天前