ALLETE, Inc. (ALE) CEO Bethany Owen on Q4 2021 Results - Earnings Call Transcript

Feb. 16, 2022 2:00 PM ETALLETE, Inc. (ALE) StockALE
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Q4: 2022-02-16 Earnings Summary

EPS of $1.18 beats by $0.12
 | Revenue of $399.00M (24.53% Y/Y) beats by $71.35M

ALLETE, Inc. (NYSE:ALE) Q4 2021 Earnings Conference Call February 16, 2022 10:00 AM ET

Company Participants

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

Conference Call Participants

Peter Bourdon – Mizuho
Brian Russo – Sidoti

Operator

Good day, and welcome to the ALLETE Fourth Quarter 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 for those expressed or implied by such forward-looking statements include that are not limited to those discussed and 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 reviews only as of 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. Welcome to ALLETE conference call announcing Fourth Quarter 2021 financial results. After the speakers’ presentations there will be a question-and-answer session. After the speaker’s presentation, there will a question and answer session. [Operator Instructions]. As a reminder the call is being recorded.

Bethany Owen

Thank you. And good morning, everyone and thanks for

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