Benzinga | Aug 4, 2021 06:40AM EDT

ALLETE Q2 EPS $0.53 Misses $0.56 Estimate, Sales $335.60M Beat $293.93M Estimate

ALLETE (NYSE:ALE) reported quarterly earnings of $0.53 per share which missed the analyst consensus estimate of $0.56 by 5.36 percent. This is a 35.9 percent increase over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $335.60 million which beat the analyst consensus estimate of $293.93 million by 14.18 percent. This is a 37.99 percent increase over sales of $243.20 million the same period last year.