Allete, inc. reports 2022 earnings of $3.38 per share; initiates 2023 earnings guidance range of $3.55 to $3.85 per share

Duluth, minn.--(business wire)--allete, inc. (nyse: ale) today reported 2022 earnings of $3.38 per share on net income of $189.3 million and operating revenue of $1.6 billion. reported results from 2021 were $3.23 per share on net income of $169.2 million and operating revenue of $1.4 billion. “i am proud of our many successes and accomplishments throughout 2022, all of which position allete well now and into the future,” said allete chair, president, and ceo bethany owen.
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