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ALE

Allete Inc Earnings

$64.63

Earnings Summary

Revenue
$407.2Mn
Net Profits
$45Mn
Net Profit Margins
11.05%
Highlights
Revenue:

Allete Inc’s revenue jumped 7.5% since last year same period to $407.2Mn in the Q3 2024. On a quarterly growth basis, Allete Inc has generated 14.87% jump in its revenue since last 3-months.

Net Profits:

Allete Inc’s net profit fell -47.61% since last year same period to $45Mn in the Q3 2024. On a quarterly growth basis, Allete Inc has generated 36.36% jump in its net profits since last 3-months.

Net Profit Margins:

Allete Inc’s net profit margin fell -51.27% since last year same period to 11.05% in the Q3 2024. On a quarterly growth basis, Allete Inc has generated 18.72% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Allete Inc post its latest quarter earnings
EPS Estimate Current Quarter
0.93
EPS Estimate Current Year
0.93
Highlights
EPS Estimate Current Quarter:

Allete Inc’s earning per share (EPS) estimates for the current quarter stand at 0.93 - a 5.68% jump from last quarter’s estimates.

EPS Estimate Current Year:

Allete Inc’s earning per share (EPS) estimates for the current year stand at 0.93.

Key Ratios

Key ratios of the Allete Inc post its Q3 2024 earnings
Earning Per Share (EPS)
0.78
Dividend Per Share (DPS)
0.7
Highlights
Earning Per Share (EPS):

Allete Inc’s earning per share (EPS) fell -47.65% since last year same period to 0.78 in the Q3 2024. This indicates that the Allete Inc has generated -47.65% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Dividend Per Share (DPS):

Allete Inc declared 0.7 dividend per share during the earnings announcement for Q3 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-08-01
0.88
0.57
-35.23%
2024-05-09
1.02
0.88
-13.73%
2024-10-30
0.93
0.78
-16.13%