MEXICO CITY (AP) — MEXICO CITY (AP) — Grupo Televisa SAB (TV) on Thursday reported a loss of $419.7 million in its fourth quarter.

The Mexico City-based company said it had a loss of 78 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The media company posted revenue of $794.8 million in the period.

For the year, the company reported a loss of $460 million, or 86 cents per share. Revenue was reported as $3.07 billion.

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