WASHINGTON (AP) _ Federal Agricultural Mortgage Corp. (AGM) on Monday reported third-quarter earnings of $41.4 million.

On a per-share basis, the Washington-based company said it had profit of $3.18. Earnings, adjusted for non-recurring gains, were $3.07 per share.

The rural real estate lender posted revenue of $198 million in the period. Its adjusted revenue was $72 million.

Farmer Mac shares have dropped slightly more than 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $114.90, a decrease of 14% in the last 12 months.

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

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