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 %: 8.45
Hist (5 Yr) Stability %: 4.21
Yield (%): 1.01

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 6.06 6.13 5.98 6.06 2 1 -- 0.25
Annual 12/1/19 5.63 5.74 5.41 5.65 13 11 -- 1.49
Annual 12/1/18 5.19 5.25 5.11 5.20 12 10 -- 1.59
Quarterly 6/1/18 1.31 1.33 1.30 1.32 12 8 -- 1.46
Quarterly 9/1/18 1.28 1.29 1.23 1.28 12 7 -- 0.91
Quarterly 12/1/18 1.32 1.33 1.28 1.32 12 6 2 0.57
Quarterly 3/1/19 1.39 1.43 1.36 1.40 8 6 -- 3.05
Long Term Growth 15.00 15.00 15.00 15.00 1 -- -- --

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 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
Quarterly 6/1/17 1.08 1.06 1.96

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 32.81 32.81 32.81 32.81 1 -- -- --
Annual 12/1/19 32.13 34.27 29.99 32.13 2 1 -- --
Annual 12/1/18 29.27 29.27 29.27 29.27 1 1 -- 3.54
Quarterly 6/1/18 25.97 25.97 25.97 25.97 1 -- -- --
Quarterly 9/1/18 26.55 26.55 26.55 26.55 1 -- -- --
Quarterly 12/1/18 27.20 27.20 27.20 27.20 1 -- -- --
Quarterly 3/1/19 27.94 27.94 27.94 27.94 1 -- -- 3.01

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 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 7.28 7.28 7.28 7.28 1 -- -- --
Annual 12/1/19 5.68 6.85 4.51 5.68 2 -- -- 0.70
Annual 12/1/18 4.59 4.59 4.59 4.59 1 -- -- -17.54
Quarterly 6/1/18 1.64 1.64 1.64 1.64 1 -- -- 13.11
Quarterly 9/1/18 1.04 1.04 1.04 1.04 1 -- -- -25.48
Quarterly 12/1/18 1.42 1.42 1.42 1.42 1 -- -- -7.04
Quarterly 3/1/19 1.26 1.67 0.85 1.26 2 -- -- 1.98

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 5.60 5.42 3.32
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 1.71 1.93 1.48 1.71 2 -- -- --
Annual 12/1/19 1.70 1.85 1.48 1.76 7 2 -- 4.97
Annual 12/1/18 1.60 1.72 1.48 1.60 5 1 -- --
Quarterly 6/1/18 0.41 0.43 0.37 0.42 4 1 -- 0.81
Quarterly 9/1/18 0.41 0.43 0.37 0.42 4 1 -- 0.81
Quarterly 12/1/18 0.41 0.43 0.37 0.42 4 1 -- 0.81
Quarterly 3/1/19 0.44 0.46 0.41 0.46 3 1 -- 0.75

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 12/1/17 0.37 -- --
Quarterly 9/1/17 0.37 -- --
Quarterly 6/1/17 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 12/1/20 640.31 650.00 630.61 640.31 2 1 -- --
Annual 12/1/19 602.94 610.00 586.41 605.15 12 9 1 1.35
Annual 12/1/18 562.62 566.60 558.60 563.00 10 9 -- 1.50
Quarterly 6/1/18 142.60 144.80 141.50 142.45 10 8 1 1.42
Quarterly 9/1/18 139.50 140.90 137.20 139.90 10 9 -- 1.70
Quarterly 12/1/18 142.44 144.10 139.00 142.60 10 7 2 0.64
Quarterly 3/1/19 148.99 151.80 144.71 149.20 7 5 -- 3.01

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 3/1/18 138.33 -- --
Quarterly 12/1/17 129.63 -- --
Quarterly 9/1/17 126.50 -- --
Quarterly 6/1/17 125.13 -- --

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 12/1/20 734.58 748.50 720.65 734.58 2 1 -- --
Annual 12/1/19 692.73 713.80 663.64 693.35 10 7 1 1.60
Annual 12/1/18 652.75 665.10 644.00 652.05 6 5 -- 1.39
Quarterly 6/1/18 166.08 170.10 163.26 166.40 6 5 -- 1.70
Quarterly 9/1/18 162.95 165.90 161.13 161.75 6 5 -- 2.26
Quarterly 12/1/18 166.31 169.50 163.37 166.20 6 5 -- 1.19
Quarterly 3/1/19 172.73 178.00 166.77 171.20 5 3 -- 2.77

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 3/1/18 159.38 -- --
Quarterly 12/1/17 150.04 -- --
Quarterly 9/1/17 147.78 -- --
Quarterly 6/1/17 146.97 -- --

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 6.06 6.13 5.98 6.06 2 1 -- --
Annual 12/1/19 5.63 5.74 5.41 5.65 12 8 -- 2.26
Annual 12/1/18 5.18 5.23 5.10 5.18 9 7 -- 2.30
Quarterly 6/1/18 1.31 1.33 1.28 1.32 9 5 -- 2.07
Quarterly 9/1/18 1.28 1.29 1.27 1.28 9 6 -- 2.04
Quarterly 12/1/18 1.31 1.33 1.28 1.32 9 4 2 1.40
Quarterly 3/1/19 1.39 1.43 1.34 1.40 7 3 -- 2.54

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 3/1/18 1.27 -- --
Quarterly 12/1/17 1.21 -- --
Quarterly 9/1/17 1.08 -- --
Quarterly 6/1/17 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 -68.57 91.04 -273.00 -46.15 4 1 2 61.86
Annual 12/1/18 184.33 211.00 140.00 202.00 3 -- 2 -17.61
Quarterly 6/1/18 430.39 430.39 430.39 430.39 1 -- -- --
Quarterly 9/1/18 361.20 361.20 361.20 361.20 1 -- -- --
Quarterly 12/1/18 279.21 279.21 279.21 279.21 1 -- -- --
Quarterly 3/1/19 271.72 271.72 271.72 271.72 1 -- -- -7.78

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 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 12/1/20 465.76 470.70 460.82 465.76 2 1 -- --
Annual 12/1/19 434.95 442.10 420.46 435.90 12 9 1 1.64
Annual 12/1/18 403.36 406.00 401.70 403.45 10 9 -- 1.95
Quarterly 6/1/18 102.11 103.50 101.30 101.95 10 9 -- 1.71
Quarterly 9/1/18 99.24 100.20 97.80 99.45 10 8 1 1.43
Quarterly 12/1/18 101.67 102.90 99.00 102.00 10 6 2 0.35
Quarterly 3/1/19 107.29 110.10 104.40 107.30 7 5 -- 3.10

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 3/1/18 100.22 -- --
Quarterly 12/1/17 86.89 -- --
Quarterly 9/1/17 83.77 -- --
Quarterly 6/1/17 83.84 -- --

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 19.39 19.39 19.39 19.39 1 -- -- --
Annual 12/1/19 18.93 19.85 18.00 18.93 2 -- 1 --
Annual 12/1/18 19.50 19.60 19.40 19.50 2 -- -- 0.51
Quarterly 6/1/18 21.28 21.28 21.28 21.28 1 -- -- --
Quarterly 9/1/18 20.23 20.23 20.23 20.23 1 -- -- --
Quarterly 12/1/18 20.63 20.63 20.63 20.63 1 -- -- --
Quarterly 3/1/19 20.65 20.65 20.65 20.65 1 -- -- -2.95

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 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 2,693.22 2,729.20 2,657.23 2,693.22 2 1 -- --
Annual 12/1/19 2,586.83 2,622.80 2,521.70 2,599.00 13 10 -- 1.01
Annual 12/1/18 2,464.90 2,485.00 2,422.00 2,471.90 12 9 -- 1.04
Quarterly 6/1/18 624.36 633.10 608.00 624.75 12 8 1 0.90
Quarterly 9/1/18 611.85 618.80 593.50 612.00 12 8 1 0.94
Quarterly 12/1/18 618.66 627.20 608.00 618.25 12 7 1 0.80
Quarterly 3/1/19 640.62 650.00 628.07 641.40 8 6 -- 1.54

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 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
Quarterly 6/1/17 573.37 568.47 0.86

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