ALLETE (ALLETE) EPS (Basic)

: $4.32 (TTM As of Dec. 2023)

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ALLETE's basic earnings per share (Basic EPS) for the three months ended in Dec. 2023 was $0.90. Its basic earnings per share (Basic EPS) for the trailing twelve months (TTM) ended in Dec. 2023 was $4.32.

ALLETE's EPS (Diluted) for the three months ended in Dec. 2023 was $0.89. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $4.30.

ALLETE's EPS without NRI for the three months ended in Dec. 2023 was $0.87. Its EPS without NRIearnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2023 was 4.25.

During the past 12 months, ALLETE's average EPS without NRIGrowth Rate was 27.00% per year. During the past 3 years, the average EPS without NRI Growth Rate was 8.50% per year. During the past 5 years, the average EPS without NRI Growth Rate was 3.70% per year. During the past 10 years, the average EPS without NRI Growth Rate was 2.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using EPS without NRI data.

During the past 13 years, ALLETE's highest 3-Year average EPS without NRI Growth Rate was 66.00% per year. The lowest was -47.20% per year. And the median was 1.00% per year.

ALLETE EPS (Basic) Historical Data

The historical data trend for ALLETE's EPS (Basic) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ALLETE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EPS (Basic)

3.59

3.36

3.23

3.38

4.31

ALLETE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EPS (Basic)																0.90	1.02	0.90	1.50	0.90

ALLETE EPS (Basic) Calculation

EPS (Basic) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Basic earnings per share (EPS) do not factor in the dilutive effects on convertible securities.

ALLETE's Basic EPS for the fiscal year that ended in Dec. 2023 is calculated as

Basic EPS (A: Dec. 2023 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Basic Average)
	=	(247.1	-	0)	/	57.300
	=	4.31

ALLETE's Basic EPS for the quarter that ended in Dec. 2023 is calculated as

Basic EPS (Q: Dec. 2023 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Basic Average)
	=	(51.5	-	0)	/	57.300
	=	0.90

EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.32

ALLETE (NYSE:ALE) EPS (Basic) Explanation

EPS is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.

ALLETE EPS (Basic) Related Terms

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ALLETE (ALLETE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ALLETE Inc (NYSE:ALE) » Definitions » EPS (Basic)

Comparable Companies

Traded in Other Exchanges

AEBA:Germany

Address

30 West Superior Street, Duluth, MN, USA, 55802-2093

Website

https://www.allete.com

ALLETE Inc is a provider of competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company's two reportable segments are 1) Regulated Operations includes the company's regulated utilities, Minnesota Power and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. 2) ALLETE Clean Energy focuses on developing, acquiring, and operating clean and renewable energy projects.

Executives

Joshua John Skelton	officer: VP ALLETE; COO MN Power	30 WEST SUPERIOR STREET, DULUTH MN 55802
Charles R Matthews	director	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Charlene A Thomas	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Heidi J Eddins	director	30 W. SUPERIOR STREET, DULUTH MN 55802
Barbara A Nick	director
Alan R Hodnik	director, officer: President	30 WEST SUPERIOR STREET, DULUTH MN 55802-2093
Robert John Adams	officer: VP Bus. Deve. Chief Risk Offic	30 WEST SUPERIOR STREET, DULUTH MN 55802-2093
Madeleine W Ludlow	director	C/O OGLEBAY NORTON COMPANY, 1001 LAKESIDE AVENUE - 15TH FLOOR, CLEVELAND OH 44114
Nicole Renee Johnson	officer: VP & Chief Admin Off	30 WEST SUPERIOR STREET, DULUTH MN 55802
Kathryn W Dindo	director	C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
Margaret A Thickens	officer: VP, CLO & Secretary	30 WEST SUPERIOR STREET, DULUTH MN 55802
James J Hoolihan	director	30 WEST SUPERIOR STREET, DULUTH MN 55802-2093
Susan K Nestegard	director	AMERICAN CAPITAL, LTD., 2 BETHESDA METRO, 14TH FLOOR, BETHESDA MD 20814
Robert P Powers	director	AMERICAN ELECTRIC POWER, 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Steven Q Devinck	officer: Controller	30 WEST SUPERIOR STREET, DULUTH MN 55802-2093