ALE
$63.48
Revenue | $354.5Mn |
Net Profits | $33Mn |
Net Profit Margins | 9.31% |
PE Ratio | 16.48 |
Allete Inc’s revenue fell -33.54% since last year same period to $354.5Mn in the Q2 2024. On a quarterly growth basis, Allete Inc has generated -12.1% fall in its revenue since last 3-months.
Allete Inc’s net profit fell -35.92% since last year same period to $33Mn in the Q2 2024. On a quarterly growth basis, Allete Inc has generated -34.91% fall in its net profits since last 3-months.
Allete Inc’s net profit margin fell -3.59% since last year same period to 9.31% in the Q2 2024. On a quarterly growth basis, Allete Inc has generated -25.95% fall in its net profit margins since last 3-months.
Allete Inc’s price-to-earnings ratio after this Q2 2024 earnings stands at 16.48.
EPS Estimate Current Quarter | 0.9 |
EPS Estimate Current Year | 0.9 |
Allete Inc’s earning per share (EPS) estimates for the current quarter stand at 0.9 - a 2.27% jump from last quarter’s estimates.
Allete Inc’s earning per share (EPS) estimates for the current year stand at 0.9.
Earning Per Share (EPS) | 0.57 |
Return on Assets (ROA) | 0.02 |
Return on Equity (ROE) | 0.05 |
Dividend Per Share (DPS) | 0.71 |
Allete Inc’s earning per share (EPS) fell -36.67% since last year same period to 0.57 in the Q2 2024. This indicates that the Allete Inc has generated -36.67% annual rate of fall in its earning per share (EPS) in the last 4 quarters.
Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Allete Inc’s return on assets (ROA) stands at 0.02.
The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Allete Inc’s return on equity (ROE) stands at 0.05.
Allete Inc declared 0.71 dividend per share during the earnings announcement for Q2 2024.
Earnings Date | Estimated EPS | Reported EPS | Surprise % |
---|---|---|---|
2024-05-09 | 1.02 | 0.88 | -13.73% |
2024-08-01 | 0.88 | 0.57 | -35.23% |