ALLETE, Inc. Just Beat Revenue By 6.3%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]
Allete, Inc. (ALE)
Last allete, inc. earnings: 2/13 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investor.allete.com/investor-relations
Company Research
Source: Yahoo! Finance
Results overall were respectable, with statutory earnings of US$4.30 per share roughly in line with what the analysts had forecast. Revenues of US$1.9b came in 6.3% ahead of analyst predictions. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. See our latest analysis for ALLETE Taking into account the latest results, the current consensus, from the six analysts covering ALLETE, is for revenues of US$1.64b in 2024. This implies a not inconsiderable 13% reduction in ALLETE's revenue over the past 12 months. Statutory earnings per share are forecast to reduce 7.3% to US$3.98 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$1.70b and earnings per share (EPS) of US$4.0
Show less
Read more
Impact Snapshot
Event Time:
ALE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALE alerts
High impacting Allete, Inc. news events
Weekly update
A roundup of the hottest topics
ALE
News
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ALE, PRFT, CHX, HRTGlobeNewswire
- ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of ALLETE, Inc.PR Newswire
- STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of ALLETE, Inc. - ALEPR Newswire
- CPPIB, GIP to buy U.S. utility owner Allete for $3.9 billion [Financial Post (Toronto, Ontario, Canada)]Financial Post
- BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: ALLETE, Inc. (NYSE - ALE), Perficient, Inc. (Nasdaq - PRFT), AGBA Group Holding Limited (Nasdaq – AGBA), Hibbett, Inc. (Nasdaq – HIBB)GlobeNewswire
ALE
Earnings
- 2/20/24 - Miss
ALE
Sec Filings
- 5/6/24 - Form DEFA14A
- 5/6/24 - Form DEFA14A
- 5/6/24 - Form 8-K
- ALE's page on the SEC website