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ALLETE (ALE) Q1 2021 Earnings Call Transcript

Operator Good day and welcome to the ALLETE first-quarter 2021 financial results Call. Todays call is being recorded. Certain statements contained in this conference call that are not descriptions of historical facts are forward-looking statements such as terms defined in the Private Securities Litigation Reform Act of 1995. Because such statements can include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factor...
United States Wisconsin Public Service Corporation Peter Bourdon Mizuho Bethany Owen Bob Adams Peter Bourdon
Source: fool.com

ALLETE, Inc. : Reports First Quarter Earnings of 99 Cents per Share

Reaffirms 2021 earnings guidance range of $3.00 - $3.30 per share ALLETE, Inc. (NYSE: ALE) today reported first quarter 2021 earnings of 99 cents per share on net income of $51.8 million. Last year’s results were $1.28 per share on net income of $66.3 million. The timing of income taxes and operating and maintenance expense in 2021 negatively impacted the quarter compared to internal expectations by approximately 15 cents per share, which are expected to reverse during the remainder of the ye...
United States Bethany Owen Bob Adams Allete Inc Exchange Commission Clean Energy Diamond Spring

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