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MarketScreener Homepage  >  Equities  >  Nyse  >  ALLETE Inc    ALE

ALLETE INC

(ALE)
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ALLETE : to Announce 2018 Financial Results on Feb. 14

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01/11/2019 | 06:30am EDT

ALLETE Inc. (NYSE:ALE) will announce its financial results for 2018 before the stock markets open on Thursday, Feb. 14, 2019.

Following the release, ALLETE Chairman, President and Chief Executive Officer Alan R. Hodnik; Senior Vice President and Chief Financial Officer Robert J. Adams; and Vice President, Controller and Chief Accounting Officer Steven W. Morris will present an overview of results and discuss 2019 earnings guidance and other factors affecting performance during a conference call beginning at 10 a.m. Eastern time.

Interested parties may listen to the conference live by calling (877) 303-5852 using passcode 4766869, or by accessing the webcast on ALLETE’s website, www.allete.com.

A replay of the call will be available through Feb. 18, 2019, by dialing (855) 859-2056, conference identification number 4766869. The webcast will be accessible for one year at www.allete.com.

ALLETE Inc. is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin; ALLETE owns ALLETE Clean Energy, based in Duluth; BNI Energy in Bismarck, North Dakota; U.S. Water in St. Michael, Minnesota; and has an 8 percent equity interest in the American Transmission Co. More information about ALLETE is available at www.allete.com. ALE-CORP


© Business Wire 2019
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Financials ($)
Sales 2019 1 314 M
EBIT 2019 212 M
Net income 2019 176 M
Debt 2019 1 342 M
Yield 2019 2,79%
P/E ratio 2019 24,85
P/E ratio 2020 22,19
EV / Sales 2019 4,36x
EV / Sales 2020 3,95x
Capitalization 4 388 M
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Mean consensus HOLD
Number of Analysts 5
Average target price 80,0 $
Spread / Average Target -5,9%
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Managers
NameTitle
Alan R. Hodnik Chairman & Chief Executive Officer
Bethany M. Owen President
Robert J. Adams Chief Financial Officer & Senior Vice President
Heidi E. Jimmerson Lead Independent Director
Madeleine W. Ludlow Independent Director
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