From None.: 2024-10-31 05:03:45

ALLETE, Inc. (NYSE:ALE) reported a Q3 EPS of $0.78, below the estimated $0.93, but exceeded revenue expectations with $407.2 million. Net income dropped significantly from $85.9 million to $45 million compared to the previous year’s Q3. Financial ratios like a P/E ratio of 20.53 and a debt-to-equity ratio of 0.63 indicate a stable financial position.



Read more at None.:: ALLETE, Inc. (NYSE: ALE) Q3 Earnings Report Analys…