ALLETE Reaffirmed FY23 EPS $3.55-$3.85 Vs $3.68 Est
Portfolio Pulse from Benzinga Newsdesk
ALLETE has reaffirmed its FY23 earnings per share (EPS) guidance of $3.55-$3.85, which is in line with the estimated $3.68.

August 08, 2023 | 10:32 am
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NEUTRAL IMPACT
ALLETE's reaffirmed FY23 EPS guidance aligns with the current estimate, indicating stable financial performance.
ALLETE's reaffirmation of its FY23 EPS guidance, which aligns with the current estimate, suggests that the company's financial performance is on track. This could maintain investor confidence and keep the stock price stable in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100