Earnings Estimates

Analyst Ratings

Mean Recommendation:

2.13

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 %: -2.60
Hist (5 Yr) Stability %: 19.99
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 4.40 4.85 3.63 4.59 6 -- -- --
Annual 12/1/18 3.71 4.26 3.24 3.70 15 -- -- -0.78
Annual 12/1/17 3.18 3.26 3.05 3.18 14 -- -- -0.32
Quarterly 9/1/17 0.77 0.81 0.73 0.77 14 -- -- -0.43
Quarterly 12/1/17 1.28 1.39 1.19 1.28 14 -- -- -0.49
Quarterly 3/1/18 0.73 0.80 0.65 0.74 9 -- -- 1.19
Quarterly 6/1/18 0.67 0.78 0.61 0.66 9 -- -- 0.52
Long Term Growth 8.70 11.40 5.80 8.90 3 -- -- 3.49

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 2.95 2.82 4.50
Quarterly 9/1/16 0.70 0.78 -10.21
Quarterly 12/1/16 1.14 1.09 4.81
Quarterly 3/1/17 0.61 0.65 -5.51
Quarterly 6/1/17 0.51 0.49 4.85
Annual 12/1/15 3.20 3.15 1.70
Annual 12/1/14 3.53 3.67 -3.81

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 55.30 55.30 55.30 55.30 1 -- -- --
Annual 12/1/18 49.28 50.20 47.65 49.98 3 -- -- --
Annual 12/1/17 45.99 46.62 45.34 46.00 3 -- 3 --
Quarterly 9/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 44.10 -- --
Quarterly 9/1/16 -- -- --
Quarterly 12/1/16 -- -- --
Quarterly 3/1/17 -- -- --
Quarterly 6/1/17 44.48 -- --
Annual 12/1/15 43.01 -- --
Annual 12/1/14 41.24 -- --

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 -- -- -- -- -- -- -- -2.19
Annual 12/1/18 9.12 9.94 8.70 8.71 3 -- -- -2.19
Annual 12/1/17 8.37 8.66 8.08 8.37 2 -- -- --
Quarterly 9/1/17 2.13 2.13 2.13 2.13 1 -- -- --
Quarterly 12/1/17 2.13 2.13 2.13 2.13 1 -- -- --
Quarterly 3/1/18 2.05 2.49 1.61 2.05 2 -- -- -17.61
Quarterly 6/1/18 2.05 2.49 1.61 2.05 2 -- -- -17.61

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 8.59 9.77 -12.08
Quarterly 9/1/16 1.00 1.57 -36.10
Quarterly 12/1/16 3.24 4.41 -26.47
Quarterly 3/1/17 1.36 2.16 -37.10
Quarterly 6/1/17 4.37 2.25 94.57
Annual 12/1/15 6.53 7.06 -7.55
Annual 12/1/14 5.27 5.70 -7.53

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 -- -- -- -- 4 -- -- --
Annual 12/1/18 -- -- -- -- 5 -- -- --
Annual 12/1/17 -- -- -- -- 4 -- -- --
Quarterly 9/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 -- -- --
Quarterly 9/1/16 -- -- --
Quarterly 12/1/16 -- -- --
Quarterly 3/1/17 -- -- --
Quarterly 6/1/17 -- -- --
Annual 12/1/15 -- -- --
Annual 12/1/14 -- -- --

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 12/1/19 478.74 519.80 429.00 486.00 6 -- -- -0.50
Annual 12/1/18 437.54 466.00 398.00 439.50 13 -- -- -0.50
Annual 12/1/17 387.04 397.00 373.00 387.10 13 -- -- -0.14
Quarterly 9/1/17 95.45 102.00 90.87 95.00 11 -- -- -0.48
Quarterly 12/1/17 137.95 146.00 126.00 139.00 11 -- -- -0.70
Quarterly 3/1/18 93.12 98.20 87.00 93.40 6 -- -- 0.93
Quarterly 6/1/18 88.04 95.60 81.00 87.70 6 -- -- 1.08

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 335.06 -- --
Quarterly 9/1/16 92.07 -- --
Quarterly 12/1/16 117.19 -- --
Quarterly 3/1/17 81.90 -- --
Quarterly 6/1/17 75.90 -- --
Annual 12/1/15 255.90 -- --
Annual 12/1/14 256.96 -- --

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 12/1/19 787.16 839.80 738.00 790.00 5 -- -- -0.43
Annual 12/1/18 733.44 771.30 695.00 729.00 13 -- -- -0.43
Annual 12/1/17 683.75 710.00 650.00 684.00 12 -- -- -0.23
Quarterly 9/1/17 172.14 178.80 160.00 173.45 12 -- -- -0.53
Quarterly 12/1/17 217.41 230.00 204.00 217.55 12 -- -- -0.55
Quarterly 3/1/18 166.10 170.90 160.00 166.00 7 -- -- 0.25
Quarterly 6/1/18 160.70 169.40 151.60 160.00 7 -- -- -0.20

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 614.28 -- --
Quarterly 9/1/16 167.38 -- --
Quarterly 12/1/16 193.12 -- --
Quarterly 3/1/17 148.90 -- --
Quarterly 6/1/17 140.70 -- --
Annual 12/1/15 377.80 -- --
Annual 12/1/14 388.81 -- --

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 4.15 4.67 3.63 4.15 2 -- -- --
Annual 12/1/18 3.56 3.86 3.24 3.59 8 -- -- -1.03
Annual 12/1/17 2.14 3.05 1.87 1.97 6 -- -- 9.30
Quarterly 9/1/17 0.78 0.81 0.73 0.77 7 -- -- -0.97
Quarterly 12/1/17 1.26 1.32 1.19 1.25 7 -- -- -0.73
Quarterly 3/1/18 0.73 0.80 0.66 0.73 4 -- -- 3.44
Quarterly 6/1/18 0.65 0.70 0.61 0.65 4 -- -- 2.63

Actuals - GAAP Earnings Per Share

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

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 1,611.30 1,852.00 1,236.90 1,745.00 3 -- -- --
Annual 12/1/18 2,003.35 2,178.00 1,621.50 2,091.00 5 -- -- --
Annual 12/1/17 2,340.14 2,472.00 1,967.60 2,425.00 5 -- -- --
Quarterly 9/1/17 1,951.00 1,951.00 1,951.00 1,951.00 1 -- -- --
Quarterly 12/1/17 1,967.60 1,967.60 1,967.60 1,967.60 1 -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 2,718.65 2,624.73 3.58
Quarterly 9/1/16 2,850.51 2,527.70 12.77
Quarterly 12/1/16 2,718.65 2,535.00 7.24
Quarterly 3/1/17 2,689.50 3,133.70 -14.17
Quarterly 6/1/17 2,453.00 2,601.00 -5.69
Annual 12/1/15 1,193.33 1,239.73 -3.74
Annual 12/1/14 1,407.88 1,435.11 -3.74

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 12/1/19 257.98 288.90 215.00 268.00 5 -- -- -0.67
Annual 12/1/18 217.73 240.40 191.00 215.00 13 -- -- -0.67
Annual 12/1/17 185.18 192.00 176.90 185.00 13 -- -- -0.37
Quarterly 9/1/17 45.13 48.10 43.11 45.00 11 -- -- -0.45
Quarterly 12/1/17 75.53 79.10 70.00 76.00 11 -- -- -0.67
Quarterly 3/1/18 43.49 47.86 39.00 44.20 6 -- -- 2.05
Quarterly 6/1/18 40.38 46.50 36.00 40.05 6 -- -- 1.15

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 166.26 -- --
Quarterly 9/1/16 40.30 -- --
Quarterly 12/1/16 65.45 -- --
Quarterly 3/1/17 35.00 -- --
Quarterly 6/1/17 29.50 -- --
Annual 12/1/15 139.39 -- --
Annual 12/1/14 141.95 -- --

Reference Information - Operating Profit

Last Actual (FY0): --
FY0 End Date: 12/1/16
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 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Annual 12/1/17 453.00 453.00 453.00 453.00 1 -- -- --
Quarterly 9/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --

Actuals - Operating Profit

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 -- -- --
Quarterly 9/1/16 -- -- --
Quarterly 12/1/16 -- -- --
Quarterly 3/1/17 -- -- --
Quarterly 6/1/17 -- -- --
Annual 12/1/15 -- -- --
Annual 12/1/14 -- -- --

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 6.00 6.00 6.00 6.00 1 -- --
Annual 12/1/18 7.34 8.50 6.00 7.51 3 -- --
Annual 12/1/17 6.95 7.30 6.60 6.95 4 -- -- -0.42
Quarterly 9/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 7.63 -- --
Quarterly 9/1/16 -- -- --
Quarterly 12/1/16 -- -- --
Quarterly 3/1/17 -- -- --
Quarterly 6/1/17 -- -- --
Annual 12/1/15 7.71 -- --
Annual 12/1/14 9.36 -- --

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 6,335.80 6,457.00 6,219.00 6,336.00 5 -- -- -0.04
Annual 12/1/18 6,240.16 6,376.00 6,148.00 6,224.00 13 -- -- -0.04
Annual 12/1/17 6,286.22 6,393.00 6,244.27 6,275.80 12 -- -- -0.06
Quarterly 9/1/17 1,522.67 1,594.00 1,500.23 1,515.10 11 -- -- -0.15
Quarterly 12/1/17 1,705.95 1,744.00 1,683.25 1,705.80 11 -- -- -0.13
Quarterly 3/1/18 1,477.67 1,512.99 1,429.70 1,488.00 7 -- -- 0.40
Quarterly 6/1/18 1,506.00 1,533.00 1,472.00 1,507.73 7 -- -- 0.02

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 6,175.09 6,139.83 0.57
Quarterly 9/1/16 1,586.85 1,640.89 -3.29
Quarterly 12/1/16 1,776.68 1,729.18 2.75
Quarterly 3/1/17 1,538.60 1,543.92 -0.34
Quarterly 6/1/17 1,520.90 1,538.66 -1.15
Annual 12/1/15 3,206.41 3,207.23 -0.03
Annual 12/1/14 2,946.10 2,984.71 -1.29

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 9/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --
Long Term Growth -- -- -- -- -- -- -- --

Actuals - Earnings Per Share (Parent)

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 -- -- --
Quarterly 9/1/16 -- -- --
Quarterly 12/1/16 -- -- --
Quarterly 3/1/17 -- -- --
Quarterly 6/1/17 -- -- --
Annual 12/1/15 -- -- --
Annual 12/1/14 -- -- --

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 9/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --

Actuals - Net Income (Parent)

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 -- -- --
Quarterly 9/1/16 -- -- --
Quarterly 12/1/16 -- -- --
Quarterly 3/1/17 -- -- --
Quarterly 6/1/17 -- -- --
Annual 12/1/15 -- -- --
Annual 12/1/14 -- -- --

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 9/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --

Actuals - Operating Profit (Parent)

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 -- -- --
Quarterly 9/1/16 -- -- --
Quarterly 12/1/16 -- -- --
Quarterly 3/1/17 -- -- --
Quarterly 6/1/17 -- -- --
Annual 12/1/15 -- -- --
Annual 12/1/14 -- -- --

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 9/1/17 -- -- -- -- -- -- -- --
Quarterly 12/1/17 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --

Actuals - Sales (Parent)

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 -- -- --
Quarterly 9/1/16 -- -- --
Quarterly 12/1/16 -- -- --
Quarterly 3/1/17 -- -- --
Quarterly 6/1/17 -- -- --
Annual 12/1/15 -- -- --
Annual 12/1/14 -- -- --
Data Provided by Thomson Reuters