Norfolk Southern -3.9% after warning on profits

• Q1 EPS is expected to be $1.00, 15% lower than a year ago, on revenues of $2.6B down 5%.
• Coal shipments continue to experience downward pressure thanks to a big decline in export volume.
• On a good note, lowered fuel costs will have expenses down 3% to $2B.
• Volumes are expected to rebound in Q2 along with the better weather, but coal will continue to stay under pressure.
• A conference call is set for tomorrow at 8:45 ET. There will be no Q&A.
• Source: Press Release
• NYSE:NSC -3.9% after hours.