Sony third-quarter profit falls 20%; still beats estimates and raises outlook

TOKYO (Reuters) - Sony Corp on Tuesday reported a 20% decline in third-quarterly profit due to the absence of an accounting gain that boosted its year-earlier result, though strong sales of image sensors helped it beat estimates and raise its annual outlook.Operating profit came in at 300.1 billion yen ($2.76 billion) for October-December, from 376.99 billion yen in the same period a year earlier. The result compared with the 271.07 billion yen average of nine analyst estimates compiled by..