ALLETE, Inc. Reports 2024 Earnings [Yahoo! Finance]
Allete, Inc. (ALE)
Last allete, inc. earnings: 2/13 06:30 am
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US:NYSE Investor Relations:
investor.allete.com/investor-relations
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Source: Yahoo! Finance
In This Article ALE DULUTH, Minn., February 13, 2025 BUSINESS WIRE )--ALLETE, Inc. (NYSE: ALE) today reported 2024 earnings of $3.10 per share on net income of $179.3 million and operating revenue of $1.5 billion. Reported results from 2023 were $4.30 per share on net income of $247.1 million and operating revenue of $1.9 billion. Results for 2024 reflect approximately 39 cents per share of transaction expenses related to the merger agreement entered into May 5, 2024, with Canada Pension Plan Investment Board and Global Infrastructure Partners. Earnings in 2024 were positively impacted by the implementation of interim rates on January 1, 2024, net of reserves, related to Minnesota Power's rate case settlement. Net income in 2023 included approximately 6 cents per share for transaction expenses and 71 cents per share related to the arbitration award at ALLETE Clean Energy including consolidated income tax impacts recorded at Corporate and Other. Earnings per share dilution in 2024
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News
- Corebridge Financial (CRBG) Stock Is Up, What You Need To Know [Yahoo! Finance]Yahoo! Finance
- ALLETE Announces Completion of Acquisition by CPP Investments and Global Infrastructure Partners [Yahoo! Finance]Yahoo! Finance
- ALLETE Announces Completion of Acquisition by CPP Investments and Global Infrastructure PartnersBusiness Wire
- ALLETE Board of Directors Declares Stub Period Dividend on Common Stock [Yahoo! Finance]Yahoo! Finance
- ALLETE Board of Directors Declares Stub Period Dividend on Common StockBusiness Wire
ALE
Sec Filings
- 12/15/25 - Form 8-K
- 12/15/25 - Form 25-NSE
- 12/11/25 - Form 8-K
- ALE's page on the SEC website