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Operating profit for the three months ended Dec. 31 came to
133.1 billion yen ($1.01 billion), beating the average 104.79
billion yen profit estimated by nine analysts, according to
Refinitiv data. That compared to a 52.2 billion yen profit in
the same period a year earlier.
The Yokohama-based automaker maintained its forecast for an
operating profit of 360 billion yen for the year to March 31,
helped by a weaker yen that bolsters the value of overseas
sales.
Nissan and Renault SA said on Monday the Japanese automaker will
invest a stake of up to 15% in the French firm's new electric
vehicle unit, Ampere, as part of a long-anticipated agreement to
revamp their alliance.
Nissan shares closed down 0.1% at 472.7 yen earlier in the day,
before the company reported earnings.
($1 = 131.2600 yen)
(Reporting by Daniel Leussink; Editing by David Dolan)
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