By Allison Prang

Union Pacific Corp.'s (UNP) profit fell almost 10% as revenue decreased from the comparable quarter a year ago.

The transportation company's fourth-quarter earnings were $1.4 billion, down 9.7% from the comparable quarter a year ago. Earnings were $2.02 a share, down from $2.12 a share. Analysts polled by FactSet expected $2.07 a share.

Revenue was $5.21 billion, down 9.5%. Analysts' had a consensus expectation of $5.22 billion.

Chief Executive Lance Fritz said in prepared remarks that the company "must improve our safety results."

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

January 23, 2020 08:27 ET (13:27 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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