Earnings Estimates

Analyst Ratings

Mean Recommendation:

2.71

Sell

Strong Buy

Reference Information - Earnings Per Share

Last Actual (FY0): 2.95
FY0 End Date: 12/1/16
Ind. Annual Div: --
Hist (5 Yr) Growth %: -4.29
Hist (5 Yr) Stability %: 18.05
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 12/1/19 3.28 3.85 2.68 3.31 10 1 2 -1.13
Annual 12/1/18 2.75 2.92 2.45 2.77 17 1 5 -1.52
Annual 12/1/17 2.73 2.76 2.68 2.74 17 2 1 0.03
Quarterly 12/1/17 0.93 0.96 0.89 0.94 16 -- 1 --
Quarterly 3/1/18 0.53 0.70 0.43 0.54 12 -- 10 -32.00
Quarterly 6/1/18 0.51 0.58 0.44 0.50 12 1 5 -3.45
Quarterly 9/1/18 0.69 0.83 0.55 0.69 12 -- 8 -29.05
Long Term Growth 2.75 4.80 0.70 2.75 2 -- 2 --

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 2.95 2.82 4.50
Annual 12/1/15 3.20 3.15 1.70
Annual 12/1/14 3.53 3.67 -3.81
Quarterly 9/1/17 0.67 0.77 -13.45
Quarterly 6/1/17 0.51 0.49 4.85
Quarterly 3/1/17 0.61 0.65 -5.51
Quarterly 12/1/16 1.14 1.09 4.81

Reference Information - Book Value Per Share

Last Actual (FY0): 44.10
FY0 End Date: 12/1/16
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 12/1/19 52.08 54.30 50.14 51.81 3 1 1 -2.41
Annual 12/1/18 48.34 49.40 47.69 48.13 4 1 2 -2.36
Annual 12/1/17 45.87 46.35 45.20 45.97 4 -- 3 -0.70
Quarterly 12/1/17 45.86 45.86 45.86 45.86 1 -- -- -1.70
Quarterly 3/1/18 46.17 46.17 46.17 46.17 1 -- -- -2.40
Quarterly 6/1/18 46.59 46.59 46.59 46.59 1 -- -- -2.75
Quarterly 9/1/18 47.22 47.22 47.22 47.22 1 -- -- -3.24

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 44.10 -- --
Annual 12/1/15 43.01 -- --
Annual 12/1/14 41.24 -- --
Quarterly 9/1/17 45.41 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 8.59
FY0 End Date: 12/1/16
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 12/1/19 8.11 8.33 7.89 8.11 2 -- 1 -7.34
Annual 12/1/18 7.64 9.33 5.88 7.68 4 1 2 -16.06
Annual 12/1/17 7.73 8.28 7.44 7.60 4 -- 3 -7.61
Quarterly 12/1/17 1.86 2.83 0.55 2.21 3 -- 1 -25.32
Quarterly 3/1/18 1.85 2.50 1.47 1.59 3 1 1 -6.78
Quarterly 6/1/18 1.44 1.69 1.17 1.47 3 -- 2 -35.97
Quarterly 9/1/18 1.27 1.94 0.39 1.47 3 -- 1 -79.90

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 8.59 9.77 -12.08
Annual 12/1/15 6.53 7.06 -7.55
Annual 12/1/14 5.27 5.70 -7.53
Quarterly 9/1/17 -1.11 1.41 -178.50
Quarterly 6/1/17 4.37 2.25 94.57
Quarterly 3/1/17 1.36 2.16 -37.10
Quarterly 12/1/16 3.24 4.41 -26.47

Reference Information - Dividend Per Share

Last Actual (FY0): --
FY0 End Date: 12/1/16
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 12/1/19 -- -- -- -- 5 -- -- --
Annual 12/1/18 -- -- -- -- 7 -- -- --
Annual 12/1/17 -- -- -- -- 6 -- -- --
Quarterly 12/1/17 -- -- -- -- 1 -- -- --
Quarterly 3/1/18 -- -- -- -- 1 -- -- --
Quarterly 6/1/18 -- -- -- -- 1 -- -- --
Quarterly 9/1/18 -- -- -- -- 1 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 -- -- --
Annual 12/1/15 -- -- --
Annual 12/1/14 -- -- --
Quarterly 9/1/17 -- -- --

Reference Information - EBIT

Last Actual (FY0): 335.06
FY0 End Date: 12/1/16
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 12/1/19 383.46 421.20 325.00 389.00 9 -- 7 -23.16
Annual 12/1/18 353.91 422.70 320.00 350.10 15 -- 13 -22.50
Annual 12/1/17 330.00 346.00 319.80 327.95 12 -- 11 -17.10
Quarterly 12/1/17 97.80 110.90 91.00 97.15 12 -- 11 -40.64
Quarterly 3/1/18 77.31 86.24 64.78 78.70 10 -- 6 -16.24
Quarterly 6/1/18 74.32 82.80 66.90 73.80 10 -- 6 -16.10
Quarterly 9/1/18 93.16 119.80 83.63 90.11 10 -- 5 -14.35

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 335.06 -- --
Annual 12/1/15 255.90 -- --
Annual 12/1/14 256.96 -- --
Quarterly 9/1/17 79.10 -- --
Quarterly 6/1/17 75.90 -- --
Quarterly 3/1/17 81.90 -- --
Quarterly 12/1/16 117.19 -- --

Reference Information - EBITDA

Last Actual (FY0): 614.28
FY0 End Date: 12/1/16
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 12/1/19 671.10 710.00 585.00 693.00 9 2 2 -0.53
Annual 12/1/18 643.24 722.10 581.00 649.91 16 2 4 -0.47
Annual 12/1/17 617.51 639.80 592.00 621.56 14 1 1 0.33
Quarterly 12/1/17 175.22 199.80 161.00 172.95 14 1 1 0.42
Quarterly 3/1/18 148.49 157.40 130.65 151.65 12 -- 8 -9.68
Quarterly 6/1/18 146.17 157.70 132.30 146.75 12 -- 8 -9.56
Quarterly 9/1/18 165.50 196.30 151.50 165.05 12 1 4 -1.04

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 614.28 -- --
Annual 12/1/15 377.80 -- --
Annual 12/1/14 388.81 -- --
Quarterly 9/1/17 144.20 -- --
Quarterly 6/1/17 140.70 -- --
Quarterly 3/1/17 148.90 -- --
Quarterly 12/1/16 193.12 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): -4.10
FY0 End Date: 12/1/16
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 12/1/19 3.15 3.66 2.68 3.05 5 -- 2 -0.13
Annual 12/1/18 2.80 3.50 2.45 2.76 10 -- 3 -0.89
Annual 12/1/17 1.34 1.36 1.30 1.34 4 -- 4 -71.75
Quarterly 12/1/17 0.93 0.96 0.91 0.93 6 -- 6 -34.87
Quarterly 3/1/18 0.56 0.70 0.43 0.56 7 -- 4 -20.21
Quarterly 6/1/18 0.53 0.61 0.46 0.51 7 1 3 --
Quarterly 9/1/18 0.75 1.03 0.63 0.73 7 -- 2 -15.11

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 -4.10 -- --
Annual 12/1/15 2.63 -- --
Annual 12/1/14 2.23 -- --
Quarterly 9/1/17 0.50 -- --
Quarterly 6/1/17 -0.60 -- --
Quarterly 3/1/17 0.49 -- --
Quarterly 12/1/16 -4.96 -- --

Reference Information - Net Debt

Last Actual (FY0): 2,718.65
FY0 End Date: 12/1/16
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 12/1/19 1,991.87 2,195.00 1,838.60 1,993.00 5 1 2 0.50
Annual 12/1/18 2,232.85 2,330.00 2,151.50 2,228.81 6 1 2 0.43
Annual 12/1/17 2,443.41 2,468.00 2,407.02 2,443.40 6 2 1 0.41
Quarterly 12/1/17 2,435.71 2,438.80 2,432.62 2,435.71 2 1 -- 11.57
Quarterly 3/1/18 2,433.52 2,466.44 2,400.60 2,433.52 2 -- -- 7.11
Quarterly 6/1/18 2,266.32 2,293.60 2,239.03 2,266.32 2 -- -- 4.13
Quarterly 9/1/18 2,319.80 2,350.39 2,289.20 2,319.80 2 -- -- 7.07

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 2,718.65 2,624.73 3.58
Annual 12/1/15 1,193.33 1,239.73 -3.74
Annual 12/1/14 1,407.88 1,435.11 -1.90
Quarterly 9/1/17 2,560.60 2,202.91 16.24
Quarterly 6/1/17 2,453.00 2,601.00 -5.69
Quarterly 3/1/17 2,689.50 3,133.70 -14.17
Quarterly 12/1/16 2,718.65 2,535.00 7.24

Reference Information - Net Income

Last Actual (FY0): 166.26
FY0 End Date: 12/1/16
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 12/1/19 180.23 203.00 141.00 180.60 9 -- 3 -1.96
Annual 12/1/18 160.49 209.40 136.00 158.50 16 1 4 -1.73
Annual 12/1/17 157.79 160.10 155.30 158.00 15 1 1 -0.03
Quarterly 12/1/17 54.53 56.90 51.90 55.00 13 -- 1 -0.08
Quarterly 3/1/18 32.36 40.28 25.15 32.80 10 -- 6 -29.34
Quarterly 6/1/18 30.45 36.70 25.80 29.66 10 -- 6 -27.84
Quarterly 9/1/18 43.22 62.00 36.47 40.85 10 1 4 -3.35

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 166.26 -- --
Annual 12/1/15 139.39 -- --
Annual 12/1/14 141.95 -- --
Quarterly 9/1/17 38.90 -- --
Quarterly 6/1/17 29.50 -- --
Quarterly 3/1/17 35.00 -- --
Quarterly 12/1/16 65.45 -- --

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
Annual 12/1/17 453.00 453.00 453.00 453.00 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): 7.63
FY0 End Date: 12/1/16
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 12/1/19 5.29 6.08 4.60 5.20 3 -- 2 -38.35
Annual 12/1/18 5.21 5.62 4.40 5.41 4 -- 3 -38.11
Annual 12/1/17 6.01 6.20 5.50 6.13 5 -- 4 -15.57
Quarterly 12/1/17 8.62 8.62 8.62 8.62 1 -- -- -30.74
Quarterly 3/1/18 3.87 3.87 3.87 3.87 1 -- -- -49.87
Quarterly 6/1/18 4.60 4.60 4.60 4.60 1 -- -- -13.70
Quarterly 9/1/18 6.40 6.40 6.40 6.40 1 -- -- -18.44

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 7.63 -- --
Annual 12/1/15 7.71 -- --
Annual 12/1/14 9.36 -- --
Quarterly 9/1/17 6.05 -- --

Reference Information - Sales

Last Actual (FY0): 6,175.09
FY0 End Date: 12/1/16
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 12/1/19 6,273.93 6,453.00 6,026.00 6,302.00 9 1 2 -0.17
Annual 12/1/18 6,226.46 6,326.10 6,075.00 6,233.50 16 3 3 0.03
Annual 12/1/17 6,292.91 6,336.60 6,248.40 6,294.95 12 2 1 0.09
Quarterly 12/1/17 1,689.62 1,734.00 1,646.60 1,684.80 13 2 1 0.28
Quarterly 3/1/18 1,473.95 1,507.83 1,433.00 1,472.07 11 2 5 -0.56
Quarterly 6/1/18 1,501.23 1,555.10 1,443.00 1,506.90 11 1 6 -0.67
Quarterly 9/1/18 1,547.53 1,566.01 1,536.13 1,546.00 11 7 -- 1.09

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 6,175.09 6,139.83 0.57
Annual 12/1/15 3,206.41 3,207.23 -0.03
Annual 12/1/14 2,946.10 2,984.71 -1.29
Quarterly 9/1/17 1,547.10 1,517.32 1.96
Quarterly 6/1/17 1,520.90 1,538.66 -1.15
Quarterly 3/1/17 1,533.80 1,543.92 -0.66
Quarterly 12/1/16 1,776.68 1,729.18 2.75

Reference Information - Earnings Per Share (Parent)

Last Actual (FY0): --
FY0 End Date:
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
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 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Annual 12/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --
Quarterly 9/1/18 -- -- -- -- -- -- -- --

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 %: --
Hist (5 Yr) Stability %: --
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 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Annual 12/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --
Quarterly 9/1/18 -- -- -- -- -- -- -- --

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 %: --
Hist (5 Yr) Stability %: --
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 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Annual 12/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --
Quarterly 9/1/18 -- -- -- -- -- -- -- --

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 %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Sales (Parent)

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Annual 12/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --
Quarterly 9/1/18 -- -- -- -- -- -- -- --

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 -- -- --
Data Provided by Thomson Reuters