Allete: Q2 Earnings Snapshot
DULUTH, Minn. AP) — Allete Inc. ALE) on Thursday reported second-quarter net income of $31.9 million.
| Ticker |
ALE
|
| CIK | 0000066756 |
| SIC | 4931 |
| Sector | Transportation, Communications, Electric, Gas, And Sanitary Services |
| Industry Category | Utilities |
| Industry Group | Electric And Other Services Combined |
| Address | 30 W SUPERIOR ST, DULUTH, MN, 55802-2093 |
| Website | allete.com |
| Phone | 2182795000 |
| CEO | Bethany M. Owen |
| Employees | 1,490 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Allete: Q2 Earnings SnapshotDULUTH, Minn. AP) — Allete Inc. ALE) on Thursday reported second-quarter net income of $31.9 million. ALLETE, Inc. Reports Second Quarter 2025 EarningsDULUTH, Minn., August 07, 2025--ALLETE, Inc. (NYSE: ALE) today reported second quarter 2025 earnings of 55 cents per share on net income of $31.9 million. Last year’s second quarter results were 57 cents per share on net income of $33.0 million. Net income in the second quarter of 2025 includes transaction expenses of $3.4 million after-tax, or 6 cents per share, related to the announced merger. Net income in the second quarter of 2024 included transaction expenses of $14.5 million after-tax, or ALLETE Board of Directors Declares Dividend on Common StockDULUTH, Minn., July 25, 2025--The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 73 cents per share of common stock. Sector Update: Energy Stocks Softer Late AfternoonEnergy stocks fell late Wednesday afternoon with the NYSE Energy Sector Index dropping 0.5% and the Sector Update: Energy Stocks Decline Wednesday AfternoonEnergy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index down 0.3% and the En |