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Deere's quarterly results impacted by higher costs

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Deere & Co. cited higher raw material and freight costs for missing analysts' expectations in its fiscal third quarter.

Profits came to $910.3 million. Earnings, adjusted for pretax gains, were $2.59 per share, lower than the $2.77 per share analysts predicted.

Revenue of $10.3 billion beat analysts' forecasts.

Read more from The Associated Press.

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