Allete, inc. reports third quarter earnings of $1.49 per share; raises full-year 2023 earnings guidance to a range of $4.30 to $4.40 per share reflecting increased earnings from allete clean energy

Duluth, minn.--(business wire)--allete, inc. (nyse: ale) today reported third quarter 2023 earnings of $1.49 per share on net income of $85.9 million. last year's third quarter results were 59 cents per share on net income of $33.7 million. “we are pleased with our solid financial results this quarter and the positive momentum going into the end of the year,” said allete chair, president, and chief executive officer bethany owen. “we continue to deliver on our sustainability in action strategy,.
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