Earnings Estimates

Earnings Estimates

Analyst Ratings

Mean Recommendation:

2.57

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 4.31
FY0 End Date: 12/1/17
Ind. Annual Div: 1.46
Hist (5 Yr) Growth %: 10.35
Hist (5 Yr) Stability %: 6.24
Yield (%): 1.10

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 6.20 6.35 6.00 6.22 9 3 2 -0.69
Annual 12/1/19 5.78 5.88 5.67 5.79 14 7 3 0.39
Annual 12/1/18 5.37 5.39 5.35 5.37 12 2 -- -0.02
Quarterly 12/1/18 1.27 1.29 1.26 1.27 13 -- 12 -5.18
Quarterly 3/1/19 1.38 1.42 1.35 1.38 10 1 5 -0.94
Quarterly 6/1/19 1.50 1.53 1.47 1.50 10 2 6 -0.80
Quarterly 9/1/19 1.48 1.53 1.45 1.47 10 8 -- 2.78
Long Term Growth 15.00 15.00 15.00 15.00 2 -- -- --

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 4.31 4.27 0.98
Annual 12/1/16 3.75 3.73 0.57
Annual 12/1/15 3.55 3.52 0.92
Quarterly 9/1/18 1.41 1.31 7.63
Quarterly 6/1/18 1.40 1.31 6.74
Quarterly 3/1/18 1.29 1.24 4.16
Quarterly 12/1/17 1.12 1.08 3.94

Reference Information - Book Value Per Share

Last Actual (FY0): 24.61
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Book Value Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 36.32 37.71 34.92 36.32 2 1 1 --
Annual 12/1/19 31.75 32.32 31.18 31.75 2 1 1 --
Annual 12/1/18 27.57 27.63 27.50 27.57 2 1 1 --
Quarterly 12/1/18 27.67 27.67 27.67 27.67 1 1 -- --
Quarterly 3/1/19 28.78 28.78 28.78 28.78 1 1 -- --
Quarterly 6/1/19 29.71 29.71 29.71 29.71 1 1 -- --
Quarterly 9/1/19 30.44 30.44 30.44 30.44 1 1 -- --

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 24.61 -- --
Annual 12/1/16 20.24 -- --
Annual 12/1/15 18.79 -- --
Quarterly 9/1/18 22.86 -- --
Quarterly 6/1/18 25.87 -- --
Quarterly 3/1/18 26.33 -- --
Quarterly 12/1/17 24.61 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 5.60
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Cash Flow Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 6.22 7.42 5.01 6.22 2 -- 1 -0.64
Annual 12/1/19 5.81 6.97 4.64 5.81 2 1 1 -0.86
Annual 12/1/18 4.82 6.50 3.13 4.82 2 -- 1 --
Quarterly 12/1/18 1.60 1.64 1.56 1.60 2 1 1 -2.81
Quarterly 3/1/19 1.35 1.70 1.00 1.35 2 1 1 -0.74
Quarterly 6/1/19 1.47 1.79 1.14 1.47 2 -- 2 -1.37
Quarterly 9/1/19 1.50 1.74 1.25 1.50 2 1 1 -0.67

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 5.60 5.42 3.32
Quarterly 9/1/18 1.71 1.61 6.54
Quarterly 6/1/18 1.55 1.62 -4.02
Quarterly 3/1/18 0.92 1.14 -19.30
Quarterly 12/1/17 1.75 1.37 27.74

Reference Information - Dividend Per Share

Last Actual (FY0): 1.45
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Dividend Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 1.85 1.96 1.72 1.87 4 -- -- --
Annual 12/1/19 1.79 1.85 1.72 1.80 6 -- -- --
Annual 12/1/18 1.67 1.72 1.62 1.66 6 -- -- --
Quarterly 12/1/18 0.43 0.43 0.43 0.43 5 -- -- --
Quarterly 3/1/19 0.46 0.46 0.46 0.46 2 -- -- --
Quarterly 6/1/19 0.46 0.46 0.46 0.46 2 -- -- --
Quarterly 9/1/19 0.46 0.46 0.46 0.46 2 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 1.45 -- --
Annual 12/1/16 1.34 -- --
Annual 12/1/15 1.24 -- --
Quarterly 9/1/18 0.43 -- --
Quarterly 6/1/18 0.43 -- --
Quarterly 12/1/17 0.37 -- --

Reference Information - EBIT

Last Actual (FY0): 501.74
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - EBIT

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 668.10 741.60 649.20 661.15 8 -- 1 -1.56
Annual 12/1/19 622.22 630.00 610.04 622.60 12 9 2 -0.12
Annual 12/1/18 581.30 586.00 575.28 581.00 11 10 -- 1.17
Quarterly 12/1/18 145.90 161.20 142.50 143.70 12 3 8 -0.28
Quarterly 3/1/19 149.19 151.99 145.90 149.31 8 3 4 -1.77
Quarterly 6/1/19 161.10 164.60 158.80 161.08 8 2 4 -1.30
Quarterly 9/1/19 158.10 162.10 155.73 157.60 8 7 -- 1.48

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 501.74 -- --
Annual 12/1/16 435.33 -- --
Annual 12/1/15 424.91 -- --
Quarterly 9/1/18 149.75 -- --
Quarterly 6/1/18 149.82 -- --
Quarterly 3/1/18 138.33 -- --
Quarterly 12/1/17 129.63 -- --

Reference Information - EBITDA

Last Actual (FY0): 285.95
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - EBITDA

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 751.74 768.40 743.00 748.76 6 1 2 0.23
Annual 12/1/19 706.45 728.80 693.07 705.15 10 6 4 0.29
Annual 12/1/18 661.57 667.20 652.00 662.18 6 4 2 0.03
Quarterly 12/1/18 168.07 174.30 161.77 167.40 7 4 3 0.23
Quarterly 3/1/19 171.10 173.70 167.50 171.90 5 2 3 -0.35
Quarterly 6/1/19 182.79 188.20 179.40 182.34 5 -- 5 -0.76
Quarterly 9/1/19 179.69 185.60 176.20 178.60 5 5 -- 1.27

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 285.95 -- --
Annual 12/1/16 530.55 -- --
Annual 12/1/15 505.27 -- --
Quarterly 9/1/18 168.36 -- --
Quarterly 6/1/18 159.59 -- --
Quarterly 3/1/18 159.38 -- --
Quarterly 12/1/17 150.04 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 4.36
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - GAAP Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 6.23 6.35 6.05 6.23 8 2 1 -0.56
Annual 12/1/19 5.79 5.88 5.67 5.80 13 6 3 0.36
Annual 12/1/18 5.30 5.37 5.27 5.29 10 1 5 -0.24
Quarterly 12/1/18 1.28 1.34 1.26 1.27 12 -- 9 -4.86
Quarterly 3/1/19 1.38 1.42 1.35 1.39 9 -- 5 -1.33
Quarterly 6/1/19 1.50 1.53 1.48 1.50 9 1 5 -1.60
Quarterly 9/1/19 1.48 1.53 1.44 1.47 9 5 -- 2.41

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 4.36 -- --
Annual 12/1/16 3.53 -- --
Annual 12/1/15 3.62 -- --
Quarterly 9/1/18 1.37 -- --
Quarterly 6/1/18 1.38 -- --
Quarterly 3/1/18 1.27 -- --
Quarterly 12/1/17 1.21 -- --

Reference Information - Net Debt

Last Actual (FY0): 483.10
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Net Debt

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 -423.88 -292.75 -555.00 -423.88 2 -- 1 --
Annual 12/1/19 -11.60 137.00 -157.00 -14.81 3 -- -- --
Annual 12/1/18 267.09 307.00 225.00 268.19 4 3 1 17.39
Quarterly 12/1/18 268.19 272.00 264.37 268.19 2 -- 1 -0.04
Quarterly 3/1/19 207.67 207.67 207.67 207.67 1 -- 1 --
Quarterly 6/1/19 138.15 138.15 138.15 138.15 1 -- 1 --
Quarterly 9/1/19 77.30 77.30 77.30 77.30 1 -- 1 --

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 483.10 489.54 -1.32
Annual 12/1/16 779.32 813.38 -4.19
Annual 12/1/15 512.78 395.03 29.81
Quarterly 9/1/18 357.02 351.22 1.65
Quarterly 6/1/18 400.41 402.18 -0.44
Quarterly 3/1/18 447.59 455.85 -1.81
Quarterly 12/1/17 483.10 505.14 -4.36

Reference Information - Net Income

Last Actual (FY0): 333.67
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Net Income

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 476.46 484.80 466.20 477.80 8 -- 1 -0.51
Annual 12/1/19 446.89 451.90 439.66 447.00 13 7 4 0.44
Annual 12/1/18 416.62 418.30 412.02 416.95 12 1 -- -0.01
Quarterly 12/1/18 98.84 104.12 97.40 98.30 12 -- 11 -4.71
Quarterly 3/1/19 106.76 108.90 105.00 106.10 9 2 6 -1.00
Quarterly 6/1/19 115.68 117.50 113.90 115.80 9 1 7 -0.68
Quarterly 9/1/19 113.36 116.00 110.52 113.20 9 7 -- 2.39

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 333.67 -- --
Annual 12/1/16 288.37 -- --
Annual 12/1/15 277.23 -- --
Quarterly 9/1/18 109.84 -- --
Quarterly 6/1/18 108.62 -- --
Quarterly 3/1/18 100.22 -- --
Quarterly 12/1/17 86.89 -- --

Reference Information - Operating Profit

Last Actual (FY0): --
FY0 End Date:
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Operating Profit

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Quarterly 12/1/18 128.40 128.40 128.40 128.40 1 -- -- --

Actuals - Operating Profit

Reported EPS Mean Estimate Surprise % Change
12/1/00 -- -- --
12/1/00 -- -- --
12/1/00 -- -- --
12/1/00 -- -- --
12/1/00 -- -- --
12/1/00 -- -- --
12/1/00 -- -- --

Reference Information - Return On Equity

Last Actual (FY0): 17.69
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Return On Equity

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 18.61 19.11 18.10 18.61 2 1 1 --
Annual 12/1/19 19.75 20.00 19.50 19.75 2 1 1 --
Annual 12/1/18 20.64 20.83 20.40 20.70 3 1 -- --
Quarterly 12/1/18 19.56 19.56 19.56 19.56 1 -- 1 --
Quarterly 3/1/19 20.61 20.61 20.61 20.61 1 -- 1 --
Quarterly 6/1/19 21.88 21.88 21.88 21.88 1 -- 1 --
Quarterly 9/1/19 20.83 20.83 20.83 20.83 1 1 -- --

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 17.69 -- --
Annual 12/1/16 19.31 -- --
Annual 12/1/15 18.93 -- --
Quarterly 9/1/18 21.70 -- --
Quarterly 6/1/18 21.69 -- --
Quarterly 3/1/18 20.54 -- --
Quarterly 12/1/17 13.48 -- --

Reference Information - Sales

Last Actual (FY0): 2,287.31
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Sales

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 2,723.34 2,803.00 2,680.00 2,710.40 9 2 2 0.01
Annual 12/1/19 2,601.48 2,640.00 2,550.70 2,599.80 14 5 7 0.23
Annual 12/1/18 2,487.49 2,503.00 2,481.00 2,486.00 13 10 1 0.36
Quarterly 12/1/18 618.92 633.60 610.50 616.00 13 6 4 0.24
Quarterly 3/1/19 641.29 650.00 627.60 639.85 10 3 5 -0.22
Quarterly 6/1/19 662.79 674.00 656.30 660.15 10 1 7 -0.50
Quarterly 9/1/19 652.62 662.00 647.20 650.85 10 6 3 0.60

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 2,287.31 2,276.23 0.49
Annual 12/1/16 2,113.04 2,130.15 -0.80
Annual 12/1/15 2,020.67 2,032.48 -0.58
Quarterly 9/1/18 622.89 613.92 1.46
Quarterly 6/1/18 634.36 623.24 1.78
Quarterly 3/1/18 612.32 601.21 1.85
Quarterly 12/1/17 585.90 574.73 1.94

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