10:09 AM EDT, 08/01/2024 (MT Newswires) -- ALLETE ( ALE ) shares edged down 0.2% in recent Thursday trading after the company posted lower Q2 earnings and revenue.

The company reported Q2 earnings of $0.57 per diluted share, down from $0.90 a year earlier.

Three analysts polled by Capital IQ expected $0.92.

Total operating revenue for the quarter ended June 30 was $354.5 million, down from $533.4 million a year earlier.

A single analyst surveyed by Capital IQ expected $547 million.

Price: 64.37, Change: -0.13, Percent Change: -0.20