Fortis (FTS) reported Q1 earnings Wednesday of 1 Canadian dollar ($0.72) per diluted share, up from CA$0.93 a year earlier.

Analysts polled by FactSet expected CA$1.01.

The company said it's difficult to predict the full impact of potential tariffs on supply chains, energy costs, and economic conditions on its long-term plan, but it does not expect it have any material financial effect in 2025.

Shares of the company rose 4.7% in recent premarket activity.

Price: 51.34, Change: +2.30, Percent Change: +4.69