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President Buhari to present 2022 budget on Thursday  - Ben Television | Breaking - Nigeria, Africa and World Top News

President Buhari to present 2022 budget on Thursday  - Ben Television | Breaking - Nigeria, Africa and World Top News
bentelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bentelevision.com Daily Mail and Mail on Sunday newspapers.

ALLETE, Inc Reports Second Quarter Earnings of 53 Cents Per Share

ALLETE, Inc Reports Second Quarter Earnings of 53 Cents Per Share
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ALLETE, Inc  : Reports First Quarter Earnings of 99 Cents per Share

Reaffirms 2021 earnings guidance range of $3.00 - $3.30 per share ALLETE, Inc. (NYSE: ALE) today reported first quarter 2021 earnings of 99 cents per share on net income of $51.8 million. Last year’s results were $1.28 per share on net income of $66.3 million. The timing of income taxes and operating and maintenance expense in 2021 negatively impacted the quarter compared to internal expectations by approximately 15 cents per share, which are expected to reverse during the remainder of the year. In addition, net income in 2021 included an approximately $5 million dollars, or 10 cents per share, negative impact related to ALLETE Clean Energy’s Diamond Spring wind energy facility due to an extreme winter storm event in the southern United States in February 2021.

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