ALLETE (NYSE:ALE) reported quarterly earnings of $0.97 per share which missed the analyst consensus estimate of $1.04 by 6.73 percent. This is a 10.23 percent increase over earnings of $0.88 per share from the same period last year. The company reported $400.20 million in sales this quarter. This is a 0.77 percent decrease over sales of $403.30 million the same period last year.