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Farmer Mac: Q3 Earnings Snapshot
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WASHINGTON (AP) — WASHINGTON (AP) — Federal Agricultural Mortgage Corp. (AGM) on Thursday reported third-quarter profit of $64.2 million.

On a per-share basis, the Washington-based company said it had profit of $5.03. Earnings, adjusted for non-recurring gains, came to $4.82 per share.

The rural real estate lender posted revenue of $481.8 million in the period. Its adjusted revenue was $122.7 million.

Farmer Mac shares have increased 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $197.97, a climb of 16% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGM at https://www.zacks.com/ap/AGM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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