Deutsche Post AG said its normalized net income for the third quarter amounted to 14 euro cents per share, compared with the S&P Capital IQ consensus estimate of 40 cents per share.
EPS fell 49.6% year over year from 28 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €170.0 million, a decrease of 51.1% from €348.0 million in the prior-year period.
The normalized profit margin dropped to 1.5% from 2.5% in the year-earlier period.
Total revenue climbed year over year to €14.42 billion from €14.00 billion, and total operating expenses increased 5.2% from the prior-year period to €14.00 billion from €13.31 billion.
Reported net income fell 89.5% year over year to €49.0 million, or 4 cents per share, from €468.0 million, or 37 cents per share.