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Enlight Renewable Energy (ENLT)
NASDAQ:ENLT
RESEARCH TOOLSreports
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.52Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: 4.22%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance for Enlight Renewable Energy in 2024, with significant revenue growth and expansion in capacity. Despite challenges such as a decline in net income due to one-time items and minor impacts from U.S. tariffs, the company has a positive outlook with robust project development and financial stability.Company Guidance
During Enlight's Fourth Quarter and Full Year 2024 Earnings Conference Call, the company provided robust guidance for 2025, projecting revenues between $490 million and $510 million, which represents a 25% increase over 2024, and an adjusted EBITDA range of $360 million to $380 million, reflecting a 28% rise. The guidance incorporates $60 million to $80 million from U.S. tax benefits and a $41 million profit from a sell-down in Israel, with no new projects in construction included in these projections. Enlight plans to connect 440 megawatts and 1,100 megawatt hours of project capacity during 2025, adding $130 million in revenues and $105 million in adjusted EBITDA on an annual basis. The company expects to initiate construction on an additional 1.8 gigawatts and 3.9 gigawatt hours of new projects in the U.S., Israel, and Europe. Enlight's extensive plans, which include nine U.S. projects totaling 3.3 gigawatts of generation and 5.1 gigawatt hours of storage, position it uniquely to meet the rising demand for power, aiming for over $1 billion in annual recurring revenues by the end of 2027.Record Revenue Growth
Revenues and income for 2024 grew by 53% year-over-year to $399 million. Adjusted EBITDA grew by 49% to $289 million.
Significant Operating Cash Flow Increase
Operating cash flow increased by 29% to $193 million for the entire year.
Diversification and Capacity Expansion
Enlight connected 650 megawatts of generation capacity and 1.6 gigawatt hours of energy storage capacity across Israel, Europe, and the U.S., an increase of 33% on a factored gigawatt basis.
Positive Project Developments
Completion of the Atrisco project in the U.S. and the start of construction on Roadrunner, Quail Ranch, and Country Acres projects, with a combined capacity of 810 megawatts.
Strong Financial Position
Enlight completed financial closings for multiple projects, raising over $1 billion in financing.
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ENLT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ENLT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $17.05 | $17.77 | +4.22% |
| Nov 13, 2024 | $15.15 | $15.90 | +4.95% |
| Aug 07, 2024 | $15.17 | $15.31 | +0.92% |
| May 08, 2024 | $17.33 | $18.09 | +4.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Enlight Renewable Energy (ENLT) report earnings?
Enlight Renewable Energy (ENLT) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is Enlight Renewable Energy (ENLT) earnings time?
Enlight Renewable Energy (ENLT) earnings time is at May 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ENLT EPS forecast?
Currently, no data Available
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