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Rising profits from commercial jets offset a smaller profit from defense work.
After several years of rising profits from its improved efficiency, Random House missed its internal profit targets for the six months that included the Sept. 11, 2001, attacks.
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If interest rates should rise, profits from these securities could quickly turn to losses.
The company is benefiting from rising profits and an uptick in demand amid expectations of a revival in infrastructure projects.
While BMW profit rose overall, earnings from cars alone fell because of lower prices in Europe.
A fall in car profits overall, from $2.5 billion to $1.1 billion, was not offset by a $923m rise in profits from the group's financial businesses.
The forecast would mean a 12% rise in profits from last year to $39.4bn£27.3bnbn), with more than half of the total ($22.9bn) made in north America.
In all, Deutsche Bank expects Imperial to report a rise in profits from £2.6bn to just over £3bn, with a 10% increase in the dividend.
The rise in profits from liquor sales partly offset reduced margins in the Green Giant and Pillsbury food divisions, where analysts had expected bigger gains.
The company said the rise in profits from households was as a result of the weather being colder in 11 of the 12 months of the year than it was in the previous year.
Its 2016 results showed operating profit rising from £1.9bn to £2.2bn but after financing costs profit before tax fell from £1.7bn to £669m.
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