Benzinga | May 6, 2021 06:56AM EDT

ALLETE Q1 EPS $0.99 Misses $1.09 Estimate, Sales $339.20M Beat $324.30M Estimate

ALLETE (NYSE:ALE) reported quarterly earnings of $0.99 per share which missed the analyst consensus estimate of $1.09 by 9.17 percent. This is a 22.66 percent decrease over earnings of $1.28 per share from the same period last year. The company reported quarterly sales of $339.20 million which beat the analyst consensus estimate of $324.30 million by 4.59 percent. This is a 8.86 percent increase over sales of $311.60 million the same period last year.