BELOIT, Wis. (AP) — BELOIT, Wis. (AP) — Regal Beloit Corp. (RRX) on Wednesday reported a loss of $139.5 million in its third quarter.

On a per-share basis, the Beloit, Wisconsin-based company said it had a loss of $2.10. Earnings, adjusted for non-recurring costs and amortization costs, came to $2.10 per share.

The maker of controls for electric motors posted revenue of $1.65 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $1.73 billion.

Regal Beloit expects full-year earnings in the range of $9.05 to $9.25 per share.

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