Burlington Northern Santa Fe Corp
BNSF reported a fourth-quarter net profit of $536 million, or $1.55 a share, down from $615 million, or $1.78 a share, during the comparable period last year.
Freight revenue fell 16 percent to $3.57 billion during the quarter, pulled down by 17 percent drop in coal volumes and a 21 percent decline in industrial products.
The results included a tax benefit of about 25 cents a share. Stripping that out, the company earned $1.30 a share.
Analysts, on average expected BNSF, which was purchased late last year by Warren Buffett's Berkshire Hathaway Inc
(Reporting by James Kelleher; Editing by Steve Orlofsky)