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ALLETE (ALE) Earnings Date, Estimates & Call Transcripts

$56.22
-0.90 (-1.58%)
(As of 02/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 1Estimated
Actual EPS
(Feb. 20)
$0.89 Missed By -$0.08
Consensus EPS
(Feb. 20)
$0.97
Skip Charts & View Estimated and Actual Earnings Data

ALE Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ALE Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

ALLETE Analyst EPS Estimates

Current Year EPS Consensus Estimate:$3.75 EPS
Next Year EPS Consensus Estimate: $4.19 EPS

ALE Earnings Date and Information

ALLETE last posted its earnings results on February 20th, 2024. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by $0.08. The business earned $402.70 million during the quarter, compared to analysts' expectations of $425.21 million. Its quarterly revenue was down 5.4% on a year-over-year basis. ALLETE has generated $4.30 earnings per share over the last year ($4.30 diluted earnings per share) and currently has a price-to-earnings ratio of 13.1. Earnings for ALLETE are expected to grow by 11.73% in the coming year, from $3.75 to $4.19 per share. ALLETE has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 1st, 2024 based off prior year's report dates.

ALLETE Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Estimated)
------- 
2/20/2024Q4 2023$0.97$0.89($0.08)$0.89$425.21 million$402.70 million      
11/2/2023Q3 2023$0.61$1.49+$0.88$1.49$394.72 million$378.80 million
8/8/2023Q2 2023$0.78$0.90+$0.12$0.90$446.41 million$533.40 million    
5/3/2023Q1 2023$1.19$1.02($0.17)$1.02$376.00 million$564.90 million    
2/16/2023Q4 2022$1.11$0.90($0.21)$0.90$404.81 million$425.80 million    
11/9/2022Q3 2022$0.70$0.59($0.11)$0.59$361.20 million$388.30 million
8/3/2022Q2 2022$0.63$0.67+$0.04$0.67$350.12 million$373.10 million    
5/5/2022Q1 2022$1.29$1.24($0.05)$1.24$353.25 million$383.50 million    
2/16/2022Q4 2021$1.10$1.18+$0.08$1.18$327.65 million$399.00 million    
11/4/2021Q3 2021$0.71$0.53($0.18)$0.53$300.20 million$345.70 million    
8/3/2021Q2 2021$0.52$0.53+$0.01$0.53$282.90 million$335.60 million    
5/5/2021Q1 2021$1.09$0.99($0.10)$0.99$318.00 million$339.20 million  












ALLETE Earnings - Frequently Asked Questions

When is ALLETE's earnings date?

ALLETE has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 1st, 2024 based off last year's report dates. Learn more on ALE's earnings history.

Did ALLETE beat their earnings estimates last quarter?

In the previous quarter, ALLETE (NYSE:ALE) missed the analysts' consensus estimate of $0.97 by $0.08 with a reported earnings per share (EPS) of $0.89. Learn more on analysts' earnings estimate vs. ALE's actual earnings.

How can I listen to ALLETE's earnings conference call?

The conference call for ALLETE's latest earnings report can be listened to online. Listen to Conference Call

How can I read ALLETE's conference call transcript?

The conference call transcript for ALLETE's latest earnings report can be read online. Read Transcript

How can I view ALLETE's earnings report?

ALLETE's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does ALLETE generate each year?

ALLETE (NYSE:ALE) has a recorded annual revenue of $1.88 billion.

How much profit does ALLETE generate each year?

ALLETE (NYSE:ALE) has a recorded net income of $247.10 million. ALE has generated $4.30 earnings per share over the last four quarters.

What is ALLETE's price-to-earnings ratio?

ALLETE (NYSE:ALE) has a trailing price-to-earnings ratio of 13.10 and a forward price-to-earnings ratio of 15.02. The price/earnings-to-growth ratio is 1.88.

What is ALLETE's EPS forecast for next year?

ALLETE's earnings are expected to grow from $3.75 per share to $4.19 per share in the next year, which is a 11.73% increase.


More Earnings Resources from MarketBeat

This page (NYSE:ALE) was last updated on 2/26/2024 by MarketBeat.com Staff