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ALLETE, Inc. Reports First Quarter 2025 Earnings

1. ALLETE reports Q1 2025 earnings of $0.97, up from $0.88 last year. 2. Net income includes $2.1M merger-related expenses affecting overall profits.

Earnings
-0.32%Current Return
VS
+0.46%S&P 500
$65.6705/08 06:36 AM EDTEvent Start
$65.4605/09 01:34 PM EDTLatest Updated
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FAQ

Why Bullish?

Higher earnings per share indicate strong performance, potentially attracting investors. Similar instances in 2020 led to positive price movements post-earnings surprises.

How important is it?

Positive earnings report can boost investor confidence. This directly relates to ALE's profitability outlook, influencing stock price.

Why Short Term?

Earnings announcements typically influence stock prices quickly. Historical trends show immediate price adjustments following earnings reports.

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XELCMSDTE
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) today reported first quarter 2025 earnings of 97 cents per share on net income of $56.1 million. Last year's first quarter results were 88 cents per share on net income of $50.7 million. Net income in 2025 includes transaction expenses of $2.1 million after-tax, or 4 cents per share, related to the announced merger. Net income in the first quarter of 2024 included transaction expenses of $1.2 million after-tax, or 2 cents per share. “Our.

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