The third quarter financial results of ALLETE (NYSE: ALE) will be revealed on Wednesday 30th October 2024. This eagerly awaited announcement is slated to occur before market open, enabling investors and market participants to gain valuable insights into the company's financial performance.
The financial experts on Wall Street are predicting that the enterprise will likely report an estimated $0.93 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $391 million revenue during the quarter.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $1.56 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $3.73 during the fiscal year.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $1.49. This was attributed to the company's total revenue, which amounted to an impressive $378.8 million during that same period.
ALLETE (ALE) closed Monday's regular trading session at $64.29, reflecting a 0.02 percent decline. During the day, ALE shares traded between $64.26 and $64.55, with a day volume of 166.20 thousand shares.
