Earnings Estimates

Analyst Ratings

Mean Recommendation:

3.65

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 8.29
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: 8.08
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 10.77 11.20 10.05 10.82 13 -- 1 -0.81
Annual 12/1/20 9.80 10.44 9.13 9.80 18 1 2 -0.54
Annual 12/1/19 8.81 8.87 8.72 8.81 18 1 2 -0.09
Quarterly 3/1/20 1.75 2.03 1.62 1.70 12 -- 2 -1.54
Quarterly 6/1/20 2.40 2.53 2.21 2.41 12 -- 2 -1.19
Quarterly 9/1/20 2.36 2.50 2.12 2.35 12 1 2 -0.76
Quarterly 12/1/19 3.01 3.10 2.92 3.01 16 1 2 -0.26
Long Term Growth 8.50 8.60 8.40 8.50 3 -- -- 0.00

Actuals - Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 8.29 8.07 2.77
Annual 12/1/17 7.49 7.43 0.83
Annual 12/1/16 6.62 6.54 1.25
Quarterly 9/1/19 2.13 2.13 0.07
Quarterly 6/1/19 2.14 2.11 1.39
Quarterly 3/1/19 1.60 1.72 -7.17
Quarterly 12/1/18 2.87 2.64 8.65

Reference Information - Book Value Per Share

Last Actual (FY0): 20.70
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 -19.99 -16.77 -23.70 -19.49 3 -- -- --
Annual 12/1/20 -13.31 -10.63 -17.74 -12.44 4 -- -- --
Annual 12/1/19 -3.82 -3.60 -4.22 -3.65 3 -- -- --
Quarterly 3/1/20 -6.25 -6.25 -6.25 -6.25 1 -- -- --
Quarterly 6/1/20 -8.04 -8.04 -8.04 -8.04 1 -- -- --
Quarterly 9/1/20 -9.96 -9.96 -9.96 -9.96 1 -- -- --
Quarterly 12/1/19 -4.12 -3.84 -4.39 -4.12 2 -- -- --

Actuals - Book Value Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 20.70 22.16 -6.61
Annual 12/1/17 28.09 34.37 -18.28
Annual 12/1/16 28.77 29.17 -1.36
Quarterly 9/1/19 1.73 1.77 -1.98
Quarterly 6/1/19 8.01 7.61 5.21
Quarterly 3/1/19 13.68 13.45 1.75
Quarterly 12/1/18 20.70 22.60 -8.44

Reference Information - Cash Flow Per Share

Last Actual (FY0): 7.79
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 12.82 13.17 12.47 12.82 2 -- -- --
Annual 12/1/20 11.87 12.92 11.05 11.76 4 -- -- 0.02
Annual 12/1/19 10.06 11.34 9.37 9.80 5 -- -- --
Quarterly 3/1/20 1.93 1.93 1.93 1.93 1 -- -- --
Quarterly 6/1/20 2.73 2.73 2.73 2.73 1 -- -- --
Quarterly 9/1/20 2.69 2.69 2.69 2.69 1 -- -- --
Quarterly 12/1/19 3.31 3.43 3.20 3.31 3 -- -- --

Actuals - Cash Flow Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 7.79 9.10 -14.40
Annual 12/1/17 8.66 8.61 0.60
Annual 12/1/16 7.73 7.95 -2.82
Quarterly 9/1/19 2.22 2.25 -1.48
Quarterly 6/1/19 1.83 2.32 -21.23
Quarterly 3/1/19 2.43 1.99 21.91
Quarterly 12/1/18 2.41 2.18 10.42

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 -- -- -- -- 4 -- -- 0.00
Annual 12/1/19 -- -- -- -- 4 -- -- 0.00
Quarterly 3/1/20 -- -- -- -- 1 -- -- 0.00
Quarterly 6/1/20 -- -- -- -- 1 -- -- 0.00
Quarterly 9/1/20 -- -- -- -- 1 -- -- 0.00
Quarterly 12/1/19 -- -- -- -- 1 -- -- 0.00

Actuals - Dividend Per Share

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

Reference Information - EBIT

Last Actual (FY0): 750.32
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 12/1/21 798.07 824.19 766.67 806.20 11 -- 1 -0.52
Annual 12/1/20 764.08 785.40 732.30 770.55 14 -- 2 -0.54
Annual 12/1/19 732.76 740.07 701.00 735.20 14 1 2 -0.12
Quarterly 3/1/20 142.47 164.80 130.00 139.63 10 -- 3 -1.27
Quarterly 6/1/20 188.05 192.50 179.50 189.32 10 -- 3 -1.07
Quarterly 9/1/20 183.11 187.22 173.50 184.50 10 -- 3 -0.66
Quarterly 12/1/19 241.63 246.49 236.60 242.00 13 -- 2 -0.49

Actuals - EBIT

Reported Mean Estimate Surprise % Change
Annual 12/1/18 750.32 738.62 1.58
Annual 12/1/17 704.94 699.17 0.83
Annual 12/1/16 651.59 641.79 1.53
Quarterly 9/1/19 177.45 177.19 0.15
Quarterly 6/1/19 182.64 179.63 1.68
Quarterly 3/1/19 133.49 150.40 -11.24
Quarterly 12/1/18 247.00 235.95 4.68

Reference Information - EBITDA

Last Actual (FY0): 851.01
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 12/1/21 914.95 972.15 831.90 910.80 11 -- 1 0.02
Annual 12/1/20 878.80 974.90 807.90 885.16 16 -- 2 -0.66
Annual 12/1/19 837.42 894.00 788.20 837.00 16 -- 3 -0.24
Quarterly 3/1/20 173.00 210.79 151.50 167.00 8 -- 2 -4.28
Quarterly 6/1/20 218.51 244.44 204.20 220.00 8 -- 2 -2.98
Quarterly 9/1/20 213.28 235.93 197.40 213.00 8 -- 2 -2.74
Quarterly 12/1/19 268.48 283.74 252.50 270.14 12 1 2 -0.70

Actuals - EBITDA

Reported Mean Estimate Surprise % Change
Annual 12/1/18 851.01 841.35 1.15
Annual 12/1/17 804.20 789.23 1.90
Annual 12/1/16 738.25 730.74 1.03
Quarterly 9/1/19 201.54 206.02 -2.18
Quarterly 6/1/19 209.23 208.48 0.36
Quarterly 3/1/19 158.26 178.61 -11.40
Quarterly 12/1/18 270.26 263.51 2.56

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 7.65
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 10.62 10.86 9.92 10.79 6 -- 1 -0.70
Annual 12/1/20 9.66 10.33 9.02 9.64 9 -- 1 -0.48
Annual 12/1/19 8.52 8.62 8.41 8.52 10 -- 1 -0.14
Quarterly 3/1/20 1.67 1.89 1.52 1.65 6 -- 1 -0.99
Quarterly 6/1/20 2.35 2.51 2.18 2.35 6 -- 1 -0.71
Quarterly 9/1/20 2.29 2.46 2.09 2.33 6 -- 1 -0.79
Quarterly 12/1/19 2.94 3.04 2.84 2.95 9 -- 1 -0.45

Actuals - GAAP Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 7.65 7.82 -2.19
Annual 12/1/17 0.25 7.06 -96.46
Annual 12/1/16 6.41 6.35 1.00
Quarterly 9/1/19 2.07 2.08 -0.24
Quarterly 6/1/19 2.08 2.07 0.55
Quarterly 3/1/19 1.51 1.70 -11.35
Quarterly 12/1/18 2.46 2.61 -5.63

Reference Information - Net Debt

Last Actual (FY0): -586.87
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 2,257.26 2,427.88 2,035.00 2,308.91 3 1 -- 0.91
Annual 12/1/20 2,080.95 2,488.00 1,808.02 2,013.88 4 1 -- 0.75
Annual 12/1/19 1,404.75 1,523.00 1,319.43 1,388.29 4 1 -- 0.45
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 6/1/20 -- -- -- -- -- -- -- --
Quarterly 9/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

Actuals - Net Debt

Reported Mean Estimate Surprise % Change
Annual 12/1/18 -586.87 -839.76 30.11
Annual 12/1/17 -1,395.93 -1,407.61 0.83
Annual 12/1/16 1,321.63 -531.72 348.56
Quarterly 9/1/19 951.01 1,031.00 -7.76
Quarterly 6/1/19 472.92 491.00 -3.68
Quarterly 3/1/19 -18.72 -- --
Quarterly 12/1/18 -586.87 -564.93 -3.89

Reference Information - Net Income

Last Actual (FY0): 643.79
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 12/1/21 622.77 655.10 577.60 625.23 11 -- 1 -0.52
Annual 12/1/20 605.55 635.00 562.00 606.66 15 -- 1 -0.50
Annual 12/1/19 601.36 607.00 596.70 601.10 15 -- 1 -0.10
Quarterly 3/1/20 112.07 131.30 102.40 109.22 10 -- 2 -1.39
Quarterly 6/1/20 149.04 156.00 136.90 150.75 10 -- 2 -1.02
Quarterly 9/1/20 143.67 149.00 129.50 144.20 10 2 1 -0.53
Quarterly 12/1/19 194.99 200.00 190.00 194.85 14 -- 2 -0.34

Actuals - Net Income

Reported Mean Estimate Surprise % Change
Annual 12/1/18 643.79 627.09 2.66
Annual 12/1/17 603.68 596.98 1.12
Annual 12/1/16 539.07 532.62 1.21
Quarterly 9/1/19 142.06 142.69 -0.44
Quarterly 6/1/19 148.90 146.92 1.35
Quarterly 3/1/19 115.65 124.72 -7.27
Quarterly 12/1/18 216.53 199.24 8.68

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 9/1/20 -- -- -- -- -- -- -- --
Quarterly 6/1/20 -- -- -- -- -- -- -- --
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

Actuals - Operating Profit

Reported 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): 33.87
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 -66.42 -50.30 -79.20 -68.10 4 -- -- 0.23
Annual 12/1/20 -111.45 -64.20 -227.10 -90.30 7 -- -- 0.08
Annual 12/1/19 85.21 94.90 67.23 91.67 6 -- -- 0.02
Quarterly 3/1/20 147.74 147.74 147.74 147.74 1 -- -- --
Quarterly 6/1/20 -- -- -- -- -- -- -- --
Quarterly 9/1/20 -236.22 -236.22 -236.22 -236.22 1 -- -- --
Quarterly 12/1/19 119.65 119.65 119.65 119.65 1 -- -- --

Actuals - Return On Equity

Reported Mean Estimate Surprise % Change
Annual 12/1/18 33.87 32.62 1.25
Annual 12/1/17 35.56 23.55 12.01
Annual 12/1/16 24.72 24.10 0.62
Quarterly 9/1/19 169.19 149.11 20.08
Quarterly 6/1/19 78.16 64.75 13.41
Quarterly 3/1/19 36.50 32.01 4.49
Quarterly 12/1/18 50.30 43.73 6.57

Reference Information - Sales

Last Actual (FY0): 2,419.93
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 2,591.43 2,628.98 2,472.10 2,613.00 13 -- 1 -0.50
Annual 12/1/20 2,491.70 2,605.00 2,400.10 2,496.50 16 -- 2 -0.33
Annual 12/1/19 2,407.35 2,439.00 2,390.20 2,406.05 16 1 1 -0.05
Quarterly 3/1/20 529.07 539.00 502.40 530.30 11 -- 3 -0.45
Quarterly 6/1/20 614.96 624.00 593.85 619.50 11 1 2 -0.61
Quarterly 9/1/20 597.08 604.30 579.50 598.40 11 -- 3 -0.59
Quarterly 12/1/19 714.88 719.50 699.90 715.80 15 1 1 -0.15

Actuals - Sales

Reported Mean Estimate Surprise % Change
Annual 12/1/18 2,419.93 2,407.78 0.50
Annual 12/1/17 2,309.08 2,292.51 0.72
Annual 12/1/16 2,167.42 2,155.30 0.56
Quarterly 9/1/19 577.28 588.88 -1.97
Quarterly 6/1/19 599.16 601.37 -0.37
Quarterly 3/1/19 513.86 545.33 -5.77
Quarterly 12/1/18 715.02 702.77 1.74

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