Allete, inc. reports second quarter 2025 earnings

Duluth, minn.--(business wire)--allete, inc. (nyse: ale) today reported second quarter 2025 earnings of 55 cents per share on net income of $31.9 million. last year's second quarter results were 57 cents per share on net income of $33.0 million. net income in the second quarter of 2025 includes transaction expenses of $3.4 million after-tax, or 6 cents per share, related to the announced merger. net income in the second quarter of 2024 included transaction expenses of $14.5 million after-tax, o.
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