Benzinga | Nov 9, 2020 06:30AM EST

ALLETE Q3 EPS $0.78 Beats $0.64 Estimate, Sales $293.90M Beat $292.90M Estimate

ALLETE (NYSE:ALE) reported quarterly earnings of $0.78 per share which beat the analyst consensus estimate of $0.64 by 21.88 percent. This is a 30 percent increase over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $293.90 million which beat the analyst consensus estimate of $292.90 million by 0.34 percent. This is a 1.94 percent increase over sales of $288.30 million the same period last year.