3 Stocks in the Trading Spotlight Post Earnings

ALLETE, Inc. (NYSE:ALE) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 25.76% to $0.83 in the quarter versus EPS of $0.66 in the year-earlier quarter. Revenue Rose 9.92% to $263.8 million from the year-earlier quarter.

ALLETE, Inc. reported adjusted EPS income of $0.83 per share. By that measure, the company beat the mean analyst estimate of $0.75. It beat the average revenue estimate of $249.2 million.

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ALE

Ormat Technologies Inc. (NYSE:ORA) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 52.94% to $0.26 in the quarter versus EPS of $0.17 in the year-earlier quarter. Revenue Decreased 8.04% to $121.71 million from the year-earlier quarter.

Ormat Technologies Inc. reported adjusted EPS income of $0.26 per share. By that measure, the company beat the mean analyst estimate of $0.04. It beat the average revenue estimate of $121.36 million.

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ORA

American Water Works Company, Inc. (NYSE:AWK) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 17.86% to $0.33 in the quarter versus EPS of $0.28 in the year-earlier quarter. Revenue Rose 2.84% to $636.14 million from the year-earlier quarter.

American Water Works Company, Inc. reported adjusted EPS income of $0.33 per share. By that measure, the company beat the mean analyst estimate of $0.32. It missed the average revenue estimate of $650.29 million.

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AWK

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