* ALLETE Inc is expected to show a rise in quarterly revenue when it reports results on October 30 for the period ending September 30 2024
* The Duluth Minnesota-based company is expected to report a 3.2% increase in revenue to $391 million from $378.8 million a year ago, according to the estimate from one analyst, based on LSEG data.
* LSEG's mean analyst estimate for ALLETE Inc is for earnings of 91 cents per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for ALLETE Inc is $67.00, above its last closing price of $64.30.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.89 0.88 0.57 Missed -35.2
Mar. 31 2024 1.01 1.03 0.88 Missed -14.1
Jan. 1 0001 0.99 0.97 0.89 Missed -8.1
Sep. 30 2023 0.65 0.65 1.49 Beat 129.2
Jun. 0.80 0.80 0.90 Beat 12
30 2023
Mar. 31 2023 1.20 1.18 1.02 Missed -13.3
Jan. 1 0001 1.07 1.15 0.88 Missed -23.2
Sep. 30 2022 0.68 0.74 0.59 Missed -20.3
This summary was machine generated October 28 at 13:06 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
Comments