ALLETE, Inc. (ALE) CEO Bethany Owen on Q4 2020 Results - Earnings Call Transcript

Feb. 17, 2021 3:03 PM ETALLETE, Inc. (ALE) StockALE
SA Transcripts
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Q4: 2021-02-17 Earnings Summary

EPS of $0.90 beats by $0.16
 | Revenue of $320.40M (5.19% Y/Y) beats by $19.75M

ALLETE, Inc. (NYSE:ALE) Q4 2020 Earnings Conference Call February 17, 2021 10:00 AM ET

Company Participants

Bethany Owen - President, Chief Executive Officer
Steve Morris - Vice President, Controller, Chief Accounting Officer
Bob Adams - Chief Financial Officer, Senior Vice President
Frank Frederickson - Vice President of Customer Experience at Minnesota Power
Al Rudeck - President of ALLETE Clean Energy

Conference Call Participants

Richard Sunderland - J. P. Morgan
Peter Bourdon - Mizuho
Brian Russo - Sidoti
Sarah Akers - Wells Fargo
James Kennedy - Guggenheim Partners

Operator

Good day and welcome to the ALLETE Fourth Quarter 2020 Financial Results Call. Today's call is being recorded.

Certain statements contained in this conference call that are not descriptions of historical facts are forward-looking statements, such as terms defined in the Private Securities Litigation Reform Act of 1995. Because such statements can include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the company with the Securities and Exchange Commission.

Many of the factors that will determine the company's future results are beyond the ability of management to control or predict. Listeners should not place undue reliance on forward-looking statements, which reflect management's views only as the date hereof. The company undertakes no obligation to revise or update any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

I will now hand the call over to Ms. Bethany Owen, President and Chief Executive Officer. Please go ahead.

Bethany Owen

Thank you. Good morning, everyone, and thanks for joining us today. With me are ALLETE's Senior Vice President and

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