NEW YORK (AP) — NEW YORK (AP) — Warner Bros. Discovery, Inc. (WBD) on Friday reported a loss of $400 million in its fourth quarter.

On a per-share basis, the New York-based company said it had a loss of 16 cents.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The operator of cable TV channels such as TLC and Animal Planet posted revenue of $10.28 billion in the period, surpassing Street forecasts. Seven analysts surveyed by Zacks expected $10.23 billion.

For the year, the company reported a loss of $3.13 billion, or $1.28 per share. Revenue was reported as $41.32 billion.

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