Nissan Profit Projection Falls Short of Analyst Estimates

Newswire

YOKOHAMA, Japan, May 12 (Reuters) - Nissan Motor Co expects a 4.1 percent rise in net profit this financial year, boosted by sales of low-priced Datsun cars in emerging markets and growth in China, the world's largest auto market, although the gain is short of analyst estimates. Japan's second-biggest auto maker by sales volume forecast 405 billion yen ($3.98 billion) in net profit for the year ending March 2015, compared with the 425.4 billion yen mean estimate of 21 analysts polled ...

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