Nissan Motor Co. on Monday reported profit that beat analysts' estimates as deliveries rose in China and the United States, its two biggest markets.
Net income rose 37 percent to ¥112.1 billion in the April-June quarter, beating the ¥84.3 billion average of 14 analyst estimates compiled by Bloomberg. The Yokohama-based automaker maintained its profit forecast.
The profit increase may signal Chief Executive Officer Carlos Ghosn is gaining traction after making dozens of executive changes in November to improve execution and cut incentives in the United States.