IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — LoanDepot Inc. (LDI) on Tuesday reported a loss of $27.2 million in its fourth quarter.

The Irvine, California-based company said it had a loss of 16 cents per share.

The lender posted revenue of $228.6 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $239.4 million.

For the year, the company reported a loss of $110.1 million, or 63 cents per share. Revenue was reported as $974 million.

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