The renewable-energy company's earnings before interest, taxes, depreciation and amortization rose 8% from a year earlier.
Danish offshore wind developer Orsted reported on Wednesday a first-quarter core profit above forecasts and kept its full-year outlook for the year.
Analysts are growing increasingly confident that the Trump administration won't try to nix the group's East Coast wind farms.
The renewable-energy company maintained its two-year outlook despite hefty impairments and tariff costs hitting the company's bottom line in 2025.
Danish wind farm group Orsted reported on Friday a fourth-quarter profit before depreciation, amortisation, new partnerships and cancellation fees slightly below expectations and said it expected core profit for 2026 above 28 billion Danish crowns ($4.42 billion).
Orsted shares jumped Tuesday after a U.S. judge ruled that work could resume at the company's Revolution Wind project off the coast of Rhode Island.
The move comes shortly after a U.S. judge cleared the company to resume work on its nearly finished Revolution Wind project.
Shares of Danish offshore wind developer Orsted jumped 5.1% on Tuesday after a U.S. court cleared the company to resume work on its nearly completed Revolution Wind project, easing fears of massive financial losses.
A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump's administration halted along with four other projects last month.
A U.S. judge on Monday will consider a request from Danish energy company Orsted for an injunction against the Trump administration's decision to halt its $5 billion Revolution Wind project off the coast of Rhode Island.
Orsted, the world's largest offshore wind farm developer, has launched legal action against the US government over the suspension of an almost-complete $5 billion project offshore of Rhode Island and Connecticut. The Trump administration, via the Bureau of Ocean Energy Management, on the Monday before Christmas issued a suspension order for the Revolution Wind project, a 50/50 joint venture between Ørsted and Skyborn Renewables, owned by BlackRock's GIC arm.
Orsted on Friday launched legal action against the U.S. government over the suspension of its $5 billion Revolution Wind project. Shares of the Danish renewables giant rose more than 4% on the news.