Enlight Renewable Energy (ENLT) reported Q1 earnings Tuesday of $0.75 per diluted share, compared with $0.14 a year earlier.

Analysts surveyed by FactSet expected $0.55.

Revenue for the quarter ended March 31 was $109.8 million, compared with $90.4 million a year earlier. Four analysts surveyed by FactSet expected $114.3 million.

The Israeli energy company said it expects 2025 total revenue and other income of $490 million to $510 million. Four analysts surveyed by FactSet expect $500.2 million.

Shares of Enlight Renewable Energy were up 3.6% in recent Tuesday premarket activity.