Earnings Estimates

Earnings Estimates

Analyst Ratings

Mean Recommendation:

2.71

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 (%): 1.07

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 6.24 6.30 6.15 6.26 5 -- 1 --
Annual 12/1/19 5.76 5.86 5.46 5.78 14 -- 1 -0.01
Annual 12/1/18 5.33 5.35 5.29 5.33 13 -- 1 -0.05
Quarterly 9/1/18 1.31 1.33 1.29 1.31 13 -- -- --
Quarterly 12/1/18 1.33 1.35 1.30 1.34 13 -- 1 0.03
Quarterly 3/1/19 1.40 1.43 1.36 1.40 10 -- -- --
Quarterly 6/1/19 1.51 1.54 1.45 1.52 10 -- -- --
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 1.80 6 -- -- --
Annual 12/1/18 1.67 1.72 1.62 1.66 6 -- -- --
Quarterly 9/1/18 0.43 0.43 0.43 0.43 5 -- -- --
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 -- -- --

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 12/1/20 678.55 730.00 661.10 661.54 4 -- 1 --
Annual 12/1/19 623.42 693.30 592.63 618.20 13 -- 1 0.07
Annual 12/1/18 574.56 577.40 565.00 575.26 11 -- 1 0.01
Quarterly 9/1/18 143.86 160.30 139.80 142.71 12 -- 1 -0.08
Quarterly 12/1/18 146.48 162.00 143.90 144.60 12 -- 1 0.11
Quarterly 3/1/19 151.83 169.30 147.90 149.60 9 -- -- --
Quarterly 6/1/19 163.20 179.90 153.10 161.70 9 -- -- --

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 12/1/20 750.01 756.60 744.00 749.72 4 -- 1 --
Annual 12/1/19 704.42 725.70 677.00 706.35 10 -- 1 --
Annual 12/1/18 661.37 670.90 654.00 660.75 8 -- -- --
Quarterly 9/1/18 164.99 170.30 160.65 164.10 7 4 2 1.72
Quarterly 12/1/18 167.68 171.20 164.20 167.40 7 -- 1 --
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 6.21 6.28 4 -- 1 --
Annual 12/1/19 5.77 5.86 5.46 5.81 11 -- 1 --
Annual 12/1/18 5.31 5.38 5.28 5.29 9 -- 1 --
Quarterly 9/1/18 1.31 1.33 1.30 1.31 10 -- -- --
Quarterly 12/1/18 1.34 1.35 1.32 1.34 10 -- 1 --
Quarterly 3/1/19 1.40 1.43 1.37 1.41 7 -- -- --
Quarterly 6/1/19 1.52 1.54 1.51 1.52 7 -- -- --

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 12/1/20 478.91 485.05 473.20 478.70 4 -- 1 --
Annual 12/1/19 445.07 455.00 425.18 446.78 13 -- 1 0.03
Annual 12/1/18 413.12 417.00 403.40 413.76 12 -- 1 -0.02
Quarterly 9/1/18 101.56 103.60 98.60 101.91 12 -- 1 0.02
Quarterly 12/1/18 103.55 105.55 102.20 103.26 12 -- 1 0.05
Quarterly 3/1/19 107.83 111.00 105.40 107.30 9 -- -- --
Quarterly 6/1/19 116.46 119.59 109.40 116.90 9 -- -- --

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 2,723.08 2,756.00 2,709.30 2,713.51 4 -- 1 --
Annual 12/1/19 2,599.65 2,649.90 2,525.40 2,605.00 13 -- 1 0.16
Annual 12/1/18 2,480.42 2,504.10 2,468.00 2,476.40 12 -- 1 0.07
Quarterly 9/1/18 614.45 631.80 609.00 612.00 13 -- 1 0.08
Quarterly 12/1/18 618.63 632.78 610.50 618.50 13 -- 1 0.19
Quarterly 3/1/19 642.71 652.00 631.30 642.45 10 -- -- --
Quarterly 6/1/19 666.13 674.00 659.20 665.00 10 -- -- --

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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