Nissan sees op profit down 14 pct, beats consensus

Newswire

YOKOHAMA, Japan, June 23 (Reuters) - Nissan Motor Co forecast a better-than-expected 14.4 percent fall in annual operating profit on Thursday, defying a quake-induced setback in the past few months and projecting another year of record sales this business year. Japan's No. 2 automaker forecast an operating profit of 460 billion yen ($5.73 billion) for the year to March 2012, exceeding an average forecast of 432 billion yen in a survey of 21 analysts by Thomson Reuters I/B/E/S. It expects ...

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