Earnings Estimates

Earnings Estimates

Analyst Ratings

Mean Recommendation:

2.69

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 %: 9.48
Hist (5 Yr) Stability %: 5.24
Yield (%): 0.96

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 6.25 6.30 6.15 6.26 5 3 -- 1.73
Annual 12/1/19 5.76 5.86 5.46 5.80 13 13 -- 2.10
Annual 12/1/18 5.33 5.36 5.29 5.34 12 10 -- 2.53
Quarterly 9/1/18 1.31 1.33 1.29 1.31 12 11 -- 2.82
Quarterly 12/1/18 1.34 1.35 1.30 1.34 12 9 -- 1.47
Quarterly 3/1/19 1.40 1.43 1.37 1.41 9 3 4 -0.18
Quarterly 6/1/19 1.51 1.54 1.45 1.52 9 8 -- 5.05
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 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
Quarterly 9/1/17 1.08 1.06 1.63

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 36.19 37.81 34.56 36.19 2 1 -- 2.92
Annual 12/1/19 31.68 32.48 30.87 31.68 2 1 1 -4.18
Annual 12/1/18 27.55 27.68 27.41 27.55 2 -- 1 -4.43
Quarterly 9/1/18 26.71 26.71 26.71 26.71 1 -- -- -3.33
Quarterly 12/1/18 27.57 27.57 27.57 27.57 1 -- -- -2.50
Quarterly 3/1/19 28.48 28.48 28.48 28.48 1 1 -- -4.04
Quarterly 6/1/19 29.41 29.41 29.41 29.41 1 1 -- -3.16

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 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 7.50 7.50 7.50 7.50 1 1 -- 1.60
Annual 12/1/19 5.85 7.07 4.63 5.85 2 2 -- 2.05
Annual 12/1/18 5.31 6.52 4.09 5.31 2 -- 1 -3.11
Quarterly 9/1/18 1.61 1.61 1.60 1.61 2 1 -- 19.31
Quarterly 12/1/18 1.54 1.65 1.43 1.54 2 1 -- 1.30
Quarterly 3/1/19 1.27 1.72 0.82 1.27 2 1 1 -1.97
Quarterly 6/1/19 1.50 1.83 1.16 1.50 2 2 -- 5.69

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 5.60 5.42 3.32
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 1.83 1.93 1.72 1.83 2 1 -- --
Annual 12/1/19 1.79 1.85 1.72 1.76 7 3 -- 3.03
Annual 12/1/18 1.66 1.72 1.60 1.66 7 3 -- 2.23
Quarterly 9/1/18 0.43 0.43 0.41 0.43 6 2 -- 2.34
Quarterly 12/1/18 0.43 0.43 0.41 0.43 6 2 -- 2.34
Quarterly 3/1/19 0.44 0.46 0.41 0.46 3 1 -- 0.75
Quarterly 6/1/19 0.46 0.46 0.45 0.46 3 1 -- 0.73

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 6/1/18 0.43 -- --
Quarterly 12/1/17 0.37 -- --
Quarterly 9/1/17 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 12/1/20 679.02 730.00 661.10 662.49 4 3 -- 4.71
Annual 12/1/19 623.11 693.30 592.63 618.15 12 11 -- 3.10
Annual 12/1/18 574.55 578.00 565.00 575.13 10 8 -- 2.17
Quarterly 9/1/18 144.00 160.30 139.80 142.90 11 9 -- 3.37
Quarterly 12/1/18 146.35 162.00 143.90 144.20 11 9 -- 2.67
Quarterly 3/1/19 152.11 169.30 147.90 149.40 8 3 3 1.37
Quarterly 6/1/19 163.40 179.90 153.10 161.90 8 6 -- 5.94

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 6/1/18 149.82 -- --
Quarterly 3/1/18 138.33 -- --
Quarterly 12/1/17 129.63 -- --
Quarterly 9/1/17 126.50 -- --

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 12/1/20 750.49 758.50 744.00 749.72 4 3 -- 1.48
Annual 12/1/19 704.60 725.70 677.00 706.35 10 9 1 1.55
Annual 12/1/18 662.08 670.90 654.00 661.80 9 6 -- 1.62
Quarterly 9/1/18 164.99 170.30 160.65 164.10 7 4 2 1.72
Quarterly 12/1/18 167.74 171.50 164.20 167.40 7 5 1 1.00
Quarterly 3/1/19 172.01 175.30 169.50 171.20 5 2 3 -1.20
Quarterly 6/1/19 184.60 190.30 181.50 183.70 5 5 -- 3.72

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 6/1/18 159.59 -- --
Quarterly 3/1/18 159.38 -- --
Quarterly 12/1/17 150.04 -- --
Quarterly 9/1/17 147.78 -- --

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 6.27 6.30 6.23 6.28 4 2 -- 2.59
Annual 12/1/19 5.75 5.86 5.46 5.81 12 11 -- 1.96
Annual 12/1/18 5.29 5.39 5.10 5.29 10 8 -- 2.17
Quarterly 9/1/18 1.31 1.33 1.28 1.31 11 8 -- 2.38
Quarterly 12/1/18 1.33 1.35 1.30 1.34 11 7 -- 1.61
Quarterly 3/1/19 1.40 1.43 1.34 1.40 8 2 4 -0.26
Quarterly 6/1/19 1.51 1.54 1.39 1.52 8 6 -- 4.59

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 6/1/18 1.38 -- --
Quarterly 3/1/18 1.27 -- --
Quarterly 12/1/17 1.21 -- --
Quarterly 9/1/17 1.08 -- --

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 -154.64 -154.64 -154.64 -154.64 1 -- -- --
Annual 12/1/19 -131.99 91.04 -283.00 -168.00 4 1 1 --
Annual 12/1/18 200.40 264.61 109.00 214.00 4 1 1 -0.13
Quarterly 9/1/18 351.22 351.22 351.22 351.22 1 -- -- 5.26
Quarterly 12/1/18 264.61 264.61 264.61 264.61 1 -- -- 5.65
Quarterly 3/1/19 271.72 271.72 271.72 271.72 1 -- -- -7.78
Quarterly 6/1/19 229.02 229.02 229.02 229.02 1 -- -- -8.91

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 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
Quarterly 9/1/17 571.91 785.00 -27.15

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 12/1/20 479.29 485.05 473.20 479.45 4 3 -- 1.94
Annual 12/1/19 445.04 455.00 425.18 446.25 12 11 -- 2.12
Annual 12/1/18 413.26 417.00 403.40 413.81 11 9 -- 2.49
Quarterly 9/1/18 101.54 103.60 98.60 102.00 11 9 -- 2.50
Quarterly 12/1/18 103.52 105.55 102.20 103.22 11 9 -- 1.74
Quarterly 3/1/19 108.07 111.00 105.40 107.85 8 2 3 -0.02
Quarterly 6/1/19 116.65 119.59 109.40 117.35 8 6 -- 4.87

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 6/1/18 108.62 -- --
Quarterly 3/1/18 100.22 -- --
Quarterly 12/1/17 86.89 -- --
Quarterly 9/1/17 83.77 -- --

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 18.67 19.43 17.90 18.67 2 1 -- 0.67
Annual 12/1/19 19.85 20.40 19.30 19.85 2 2 -- 6.25
Annual 12/1/18 20.40 20.81 20.00 20.40 3 2 -- 4.05
Quarterly 9/1/18 21.07 21.07 21.07 21.07 1 -- -- 6.45
Quarterly 12/1/18 20.76 20.76 20.76 20.76 1 -- -- 2.55
Quarterly 3/1/19 20.96 20.96 20.96 20.96 1 1 -- 1.38
Quarterly 6/1/19 22.60 22.60 22.60 22.60 1 1 -- 10.22

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 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 2,725.08 2,756.00 2,709.42 2,717.45 4 1 2 0.45
Annual 12/1/19 2,596.10 2,626.90 2,525.40 2,601.87 12 8 4 0.29
Annual 12/1/18 2,478.89 2,504.10 2,468.00 2,477.50 11 8 2 0.62
Quarterly 9/1/18 614.02 631.80 609.00 611.50 12 6 4 0.50
Quarterly 12/1/18 617.60 625.60 610.50 617.55 12 4 5 -0.11
Quarterly 3/1/19 642.01 652.00 631.30 642.10 9 3 4 -0.09
Quarterly 6/1/19 665.43 674.00 659.20 664.90 9 8 -- 1.57

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 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
Quarterly 9/1/17 574.49 563.58 1.94

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