honda-posts-35%-q3-profit-jump,-lifts-full-year-forecast

Honda posts 35% Q3 profit jump, lifts full-year forecast © Reuters. FILE PHOTO: People are reflected on a Honda Motor car outside the company’s headquarters in Tokyo, Japan February 2, 2017. Picture taken February 2, 2017. REUTERS/Toru Hanai/File Photo

TOKYO (Reuters) – Japan’s Honda (NYSE:) Motor on Thursday posted a 35% rise in third-quarter operating profit to 379.8 billion yen ($2.55 billion), largely in line with analysts’ estimates, and slightly raised its full-year forecast.

The result compared with an average estimate of 371.6 billion yen in a poll of nine analysts by LSEG.

Honda raised its full-year operating profit forecast by 4.2% to 1.25 trillion yen from 1.2 trillion yen.

($1 = 148.6500 yen)

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