Honda Q3 net up 8.8 pct, lifts forecasts

Newswire

TOKYO, Jan 31 (Reuters) - Honda Motor Co. reported a near 9 percent rise in quarterly net profit as brisk sales in Europe and a weak yen offset a dip in U.S. sales -- where Honda could not keep up with demand -- and raised its forecast for the full year. October-December net profit at Japan's No.2 car maker rose to 144.83 billion yen ($1.19 billion), but lagged an average estimate for 153.6 billion yen in a survey of five brokers by Reuters Estimates. Operating profit was up 5.2 percent to ...

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