Brookfield Renewable Partners (BEP) reported Q1 funds from operations Friday of $0.48 per unit, up from $0.45 a year earlier.
Analysts surveyed by FactSet expected $0.47.
Revenue for the quarter ended March 31 was $1.58 billion, up from $1.49 billion a year earlier.
Brookfield Renewable Partners shares were up 1.6% in recent premarket activity.