MOLINE, Ill. (AP) _ Deere & Co. (DE) on Friday reported fiscal third-quarter profit of $1.88 billion.

The Moline, Illinois-based company said it had net income of $6.16 per share.

The results missed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $6.64 per share.

The agricultural equipment manufacturer posted revenue of $14.1 billion in the period. Its adjusted revenue was $13 billion, surpassing Street forecasts. Seven analysts surveyed by Zacks expected $12.9 billion.

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

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News