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Babcock & Wilcox reports 3Q loss

CHARLOTTE, N.C. (AP) _ Babcock & Wilcox Enterprises Inc. (BW) on Wednesday reported a third-quarter loss of $114.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of $2.48. Losses, adjusted for asset impairment costs and restructuring costs, were 55 cents per share.

The power generation equipment company posted revenue of $408.7 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $3.91. A year ago, they were trading at $13.25.

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