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ALLETE, Inc. Reports Second Quarter 2025 Earnings

1. ALLETE reported Q2 2025 earnings of 55 cents per share, lower than Q2 2024. 2. Transaction costs impacted profits, reflecting ongoing merger activities.

Earnings
-0.49%Current Return
VS
+0.63%S&P 500
$65.8608/07 06:42 AM EDTEvent Start
$65.5408/08 01:35 PM EDTLatest Updated
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FAQ

Why Bearish?

Earnings decline from $33 million to $31.9 million indicates profitability pressures. Historically, similar declines have led to negative market reactions.

How important is it?

The earnings decline and merger-related expenses could dampen investor sentiment and affect stock value.

Why Short Term?

Recent earnings reports typically influence stock price within weeks. Comparatively, the short-term reaction to lower earnings is generally swift.

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XELDTESO
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) today reported second quarter 2025 earnings of 55 cents per share on net income of $31.9 million. Last year's second quarter results were 57 cents per share on net income of $33.0 million. Net income in the second quarter of 2025 includes transaction expenses of $3.4 million after-tax, or 6 cents per share, related to the announced merger. Net income in the second quarter of 2024 included transaction expenses of $14.5 million after-tax, o.

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