Earnings Estimates

Analyst Ratings

Mean Recommendation:

2.63

Sell

Strong Buy

Reference Information - Earnings Per Share

Last Actual (FY0): 3.88
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: 43.93
Yield (%): --

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 2.39 3.04 1.92 2.22 3 1 -- 5.12
Annual 12/1/20 2.84 3.76 2.01 2.83 7 4 -- 3.64
Annual 12/1/19 2.41 2.77 2.18 2.30 6 3 2 7.50
Quarterly 3/1/20 0.51 0.69 0.30 0.52 4 1 1 15.65
Quarterly 6/1/19 0.30 0.66 0.17 0.23 5 2 3 -31.36
Quarterly 9/1/19 0.98 1.26 0.60 1.02 5 5 -- 10.16
Quarterly 12/1/19 1.48 1.87 1.24 1.38 5 4 1 4.23
Long Term Growth 51.00 51.00 51.00 51.00 1 -- -- 0.00

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 3.88 3.05 27.37
Annual 12/1/17 1.69 1.51 11.74
Annual 12/1/16 1.60 1.65 -2.86
Quarterly 3/1/19 -0.29 -0.49 41.06
Quarterly 12/1/18 1.81 1.01 79.56
Quarterly 9/1/18 1.09 0.44 145.50
Quarterly 6/1/18 0.26 0.27 -2.32

Reference Information - Book Value Per Share

Last Actual (FY0): 20.95
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 12/1/21 30.42 30.42 30.42 30.42 1 -- -- 2.94
Annual 12/1/20 26.06 28.03 24.80 25.34 3 2 -- 1.90
Annual 12/1/19 22.90 24.11 21.83 22.77 3 1 1 1.42
Quarterly 3/1/20 24.83 24.83 24.83 24.83 1 -- 1 2.43
Quarterly 6/1/19 22.19 22.19 22.19 22.19 1 -- 1 2.64
Quarterly 9/1/19 22.83 22.83 22.83 22.83 1 -- 1 2.79
Quarterly 12/1/19 24.11 24.11 24.11 24.11 1 -- 1 2.81

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 20.95 -- --
Annual 12/1/17 17.83 -- --
Annual 12/1/16 15.81 -- --
Quarterly 12/1/18 20.95 -- --
Quarterly 9/1/18 19.84 -- --
Quarterly 6/1/18 18.21 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 3.47
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 12/1/21 4.39 4.39 4.39 4.39 1 -- -- 3.54
Annual 12/1/20 5.94 6.17 5.71 5.93 3 2 -- 11.73
Annual 12/1/19 5.12 7.34 3.64 4.39 3 -- 2 -16.15
Quarterly 3/1/20 1.23 1.23 1.23 1.23 1 -- 1 -5.38
Quarterly 6/1/19 1.20 1.20 1.20 1.20 1 1 -- 3.45
Quarterly 9/1/19 1.14 1.14 1.14 1.14 1 1 -- 3.64
Quarterly 12/1/19 1.78 1.78 1.78 1.78 1 1 -- 2.30

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 3.47 6.54 -46.97
Annual 12/1/17 3.31 0.98 238.34
Annual 12/1/16 -4.79 -6.76 29.14
Quarterly 12/1/18 -0.18 1.68 -110.71

Reference Information - Dividend Per Share

Last Actual (FY0): --
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 12/1/21 -- -- -- -- 3 -- -- 0.00
Annual 12/1/20 -- -- -- -- 5 -- -- 0.00
Annual 12/1/19 -- -- -- -- 5 -- -- 0.00
Quarterly 3/1/20 -- -- -- -- 2 -- -- 0.00
Quarterly 6/1/19 -- -- -- -- 2 -- -- 0.00
Quarterly 9/1/19 -- -- -- -- 2 -- -- 0.00
Quarterly 12/1/19 -- -- -- -- 2 -- -- 0.00

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 -- -- --
Annual 12/1/17 -- -- --
Annual 12/1/16 -- -- --
Quarterly 3/1/19 -- -- --
Quarterly 12/1/18 -- -- --
Quarterly 9/1/18 -- -- --
Quarterly 6/1/18 -- -- --

Reference Information - EBIT

Last Actual (FY0): 364.66
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - EBIT

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 260.49 273.39 247.59 260.49 2 1 -- 5.51
Annual 12/1/20 312.05 392.51 237.00 314.65 6 3 2 1.06
Annual 12/1/19 280.31 323.76 246.00 277.80 6 4 1 3.76
Quarterly 3/1/20 60.55 76.10 45.00 60.55 2 -- 1 -6.65
Quarterly 6/1/19 45.42 72.99 32.00 38.35 4 1 3 -25.62
Quarterly 9/1/19 91.79 115.00 68.25 91.95 4 4 -- 1.02
Quarterly 12/1/19 123.26 138.00 117.00 119.03 4 1 2 -1.93

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 364.66 -- --
Annual 12/1/17 269.35 -- --
Annual 12/1/16 137.29 -- --
Quarterly 3/1/19 6.61 -- --
Quarterly 12/1/18 136.56 -- --
Quarterly 9/1/18 95.90 -- --
Quarterly 6/1/18 53.94 -- --

Reference Information - EBITDA

Last Actual (FY0): 494.06
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - EBITDA

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 389.87 402.19 377.54 389.87 2 1 -- 2.33
Annual 12/1/20 462.80 521.31 396.69 482.00 5 3 -- 3.38
Annual 12/1/19 411.77 452.44 365.00 420.00 5 1 2 1.66
Quarterly 3/1/20 95.15 108.30 82.00 95.15 2 -- 1 -4.33
Quarterly 6/1/19 81.06 105.19 69.00 69.00 3 1 2 -16.19
Quarterly 9/1/19 126.15 148.00 100.45 130.00 3 3 -- 1.53
Quarterly 12/1/19 160.98 173.00 150.95 159.00 3 3 -- 0.62

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 494.06 -- --
Annual 12/1/17 468.62 -- --
Annual 12/1/16 233.14 -- --
Quarterly 12/1/18 168.76 -- --
Quarterly 9/1/18 128.40 -- --
Quarterly 6/1/18 84.14 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 3.88
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 12/1/21 2.22 2.22 2.22 2.22 1 -- -- 13.27
Annual 12/1/20 3.07 3.76 2.50 2.97 5 3 -- 3.85
Annual 12/1/19 2.35 2.77 2.18 2.29 5 2 2 6.15
Quarterly 3/1/20 0.44 0.68 0.30 0.35 3 -- 2 -5.00
Quarterly 6/1/19 0.34 0.66 0.17 0.26 4 2 2 -30.57
Quarterly 9/1/19 0.98 1.26 0.60 1.03 4 4 -- 10.42
Quarterly 12/1/19 1.38 1.56 1.24 1.37 4 3 1 4.34

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 3.88 -- --
Annual 12/1/17 1.69 -- --
Annual 12/1/16 1.12 -- --
Quarterly 3/1/19 -0.29 -- --
Quarterly 12/1/18 1.81 -- --
Quarterly 9/1/18 1.09 -- --
Quarterly 6/1/18 0.26 -- --

Reference Information - Net Debt

Last Actual (FY0): 1,818.00
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Net Debt

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 1,066.84 1,162.13 971.54 1,066.84 2 1 -- 18.99
Annual 12/1/20 1,411.52 2,114.00 1,026.22 1,252.93 4 4 -- 76.06
Annual 12/1/19 1,318.71 1,395.00 1,251.47 1,309.65 3 3 -- 34.22
Quarterly 3/1/20 1,786.49 2,114.00 1,458.97 1,786.49 2 1 -- 50.45
Quarterly 6/1/19 1,107.19 1,107.19 1,107.19 1,107.19 1 1 -- 29.47
Quarterly 9/1/19 1,102.85 1,102.85 1,102.85 1,102.85 1 1 -- 29.70
Quarterly 12/1/19 1,309.65 1,309.65 1,309.65 1,309.65 1 1 -- 24.43

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 1,818.00 1,338.19 35.86
Annual 12/1/17 1,926.89 1,474.92 30.64
Annual 12/1/16 1,923.12 2,213.22 -13.11
Quarterly 12/1/18 1,818.00 1,366.58 33.03
Quarterly 9/1/18 1,605.69 1,272.52 26.18
Quarterly 6/1/18 1,896.09 1,499.89 26.41

Reference Information - Net Income

Last Actual (FY0): 237.07
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Net Income

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 125.53 131.50 119.57 125.53 2 -- 1 0.30
Annual 12/1/20 175.53 222.55 123.01 177.80 6 3 2 -0.15
Annual 12/1/19 146.05 164.06 131.04 140.60 6 2 3 1.44
Quarterly 3/1/20 29.21 40.41 18.00 29.21 2 -- 1 -7.90
Quarterly 6/1/19 19.86 38.94 10.00 15.25 4 2 2 -35.60
Quarterly 9/1/19 59.02 75.00 35.39 62.85 4 4 -- 4.04
Quarterly 12/1/19 83.32 93.00 73.26 83.50 4 2 2 -0.79

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 237.07 -- --
Annual 12/1/17 99.57 -- --
Annual 12/1/16 92.74 -- --
Quarterly 3/1/19 -17.17 -- --
Quarterly 12/1/18 111.58 -- --
Quarterly 9/1/18 66.54 -- --
Quarterly 6/1/18 15.57 -- --

Reference Information - Operating Profit

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

Analyst Forecasts - Operating Profit

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --

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): 21.00
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 12/1/21 7.60 7.60 7.60 7.60 1 -- -- 4.54
Annual 12/1/20 12.74 14.41 10.40 13.07 4 -- -- 1.88
Annual 12/1/19 10.95 12.90 9.70 10.61 4 -- -- 2.38
Quarterly 3/1/20 6.50 11.79 1.20 6.50 2 -- -- -30.12
Quarterly 6/1/19 6.99 12.88 1.10 6.99 2 -- -- -53.26
Quarterly 9/1/19 8.44 11.08 5.80 8.44 2 -- -- -51.77
Quarterly 12/1/19 14.25 21.70 6.80 14.25 2 -- -- -39.44

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 21.00 -- --
Annual 12/1/17 10.39 -- --
Annual 12/1/16 10.89 -- --
Quarterly 3/1/19 -5.59 -- --
Quarterly 12/1/18 9.35 -- --
Quarterly 9/1/18 5.98 -- --
Quarterly 6/1/18 5.74 -- --

Reference Information - Sales

Last Actual (FY0): 3,744.51
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Sales

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 3,836.93 4,092.11 3,581.74 3,836.93 2 1 -- 1.07
Annual 12/1/20 3,990.16 4,253.00 3,855.32 3,963.31 6 2 3 0.70
Annual 12/1/19 3,686.84 3,922.00 3,511.00 3,689.00 6 3 2 2.93
Quarterly 3/1/20 830.55 997.49 744.00 750.16 3 -- 1 9.72
Quarterly 6/1/19 990.29 1,004.89 975.57 990.00 5 3 2 14.55
Quarterly 9/1/19 1,028.77 1,076.00 942.52 1,028.23 5 3 1 0.45
Quarterly 12/1/19 1,218.50 1,404.17 1,127.00 1,187.70 5 2 2 -1.55

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 3,744.51 3,715.67 0.78
Annual 12/1/17 3,390.39 3,424.16 -0.99
Annual 12/1/16 2,853.08 2,926.08 -2.49
Quarterly 3/1/19 484.72 469.60 3.22
Quarterly 12/1/18 901.04 872.02 3.33
Quarterly 9/1/18 767.97 809.40 -5.12
Quarterly 6/1/18 650.59 683.88 -4.87

Reference Information - Earnings Per Share (Parent)

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

Analyst Forecasts - Earnings Per Share (Parent)

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --

Actuals - Earnings Per Share (Parent)

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 - Net Income (Parent)

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

Analyst Forecasts - Net Income (Parent)

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --

Actuals - Net Income (Parent)

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 - Operating Profit (Parent)

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

Analyst Forecasts - Operating Profit (Parent)

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --

Actuals - Operating Profit (Parent)

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 - Sales (Parent)

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

Analyst Forecasts - Sales (Parent)

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change

Actuals - Sales (Parent)

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 -- -- --