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$ALE New Press Release:

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

ALLETE, Inc. (NYSE: ALE) today reported second quarter 2021 earnings of 53 cents per share on net income of $27.9 million. Last year’s results were 39 cents per share on net income of $20.1 million. Results in the second quarter of 2020 included an $8.3 million after tax-charge, or 16 cents per share, for the Minnesota Power rate case resolution. “We are encouraged by the healthy production rebound of Minnesota Power’s taconite customers,” said ALLETE Chair, President and CEO Bethany Owen. “Elec (...)

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