SAN ANTONIO (AP) _ Valero Energy Corp. (VLO) on Thursday reported a third-quarter loss of $464 million, after reporting a profit in the same period a year earlier.

The San Antonio-based company said it had a loss of $1.14 per share. Losses, adjusted for non-recurring gains, came to $1.16 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $1.35 per share.

The oil refiner posted revenue of $15.81 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $18.82 billion.

Valero Energy shares have declined 57% since the beginning of the year, while the Standard & Poor's 500 index has climbed slightly more than 6%. The stock has dropped 57% in the last 12 months.

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

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