Babcock & Wilcox: Q3 Earnings Snapshot

AKRON, Ohio (AP) — AKRON, Ohio (AP) — Babcock & Wilcox Enterprises Inc. (BW) on Monday reported third-quarter profit of $93.9 million.

The Akron, Ohio-based company said it had net income of 2 cents per share. Earnings, adjusted for non-recurring gains and to account for discontinued operations, were less than 1 cent on a per-share basis.

The power generation equipment company posted revenue of $290.8 million in the period.

In the final minutes of trading on Monday, the company's shares hit $3.81. A year ago, they were trading at $5.61.

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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 BW at https://www.zacks.com/ap/BW