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Analyst Estimates

Analyst Ratings

Mean Recommendation:

2.05

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 6.29
FY0 End Date: 12/1/18
Ind. Annual Div: 1.60
Hist (5 Yr) Growth %: 7.63
Yield (%): 1.89

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 7.34 7.83 6.57 7.37 10 1 1 0.08
Annual 12/1/20 6.62 6.93 6.11 6.69 23 1 3 -0.15
Annual 12/1/19 5.76 5.94 5.65 5.77 23 -- 5 -0.39
Quarterly 3/1/20 1.94 2.02 1.73 1.96 7 -- 3 0.04
Quarterly 6/1/19 1.65 1.73 1.60 1.65 21 -- 6 -0.98
Quarterly 9/1/19 0.88 1.07 0.74 0.89 20 1 4 -0.72
Quarterly 12/1/19 1.52 1.64 1.41 1.52 20 2 2 0.33
Long Term Growth 21.77 35.54 8.00 21.77 2 -- -- 0.00

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 6.29 6.07 3.58
Annual 12/1/17 2.71 2.66 1.84
Annual 12/1/16 2.82 2.82 -0.15
Quarterly 3/1/19 1.72 1.62 6.00
Quarterly 12/1/18 1.69 1.47 14.90
Quarterly 9/1/18 0.98 0.92 6.02
Quarterly 6/1/18 1.78 1.72 3.49

Reference Information - Book Value Per Share

Last Actual (FY0): 23.59
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 29.90 40.46 23.62 25.62 3 -- -- --
Annual 12/1/20 26.49 34.71 22.94 24.15 4 -- 2 -0.18
Annual 12/1/19 23.50 26.23 21.21 23.28 4 -- 2 -0.31
Quarterly 3/1/20 27.22 27.73 26.71 27.22 2 -- -- --
Quarterly 6/1/19 24.50 24.71 24.30 24.50 2 -- 1 -0.08
Quarterly 9/1/19 23.46 26.07 20.85 23.46 2 -- 1 -0.02
Quarterly 12/1/19 25.65 26.23 25.07 25.65 2 -- 1 -0.14

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 23.59 -- --
Annual 12/1/17 19.96 -- --
Annual 12/1/16 14.89 -- --
Quarterly 3/1/19 20.97 -- --
Quarterly 12/1/18 23.59 -- --
Quarterly 9/1/18 22.86 -- --
Quarterly 6/1/18 22.49 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 3.28
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 7.34 7.84 6.83 7.34 2 -- 1 -2.85
Annual 12/1/20 7.11 7.53 6.48 7.33 3 1 -- 1.33
Annual 12/1/19 5.53 6.85 4.31 5.48 4 -- 3 -2.91
Quarterly 3/1/20 2.23 2.44 2.03 2.23 2 -- 1 -30.34
Quarterly 6/1/19 3.26 5.27 1.89 2.93 4 1 1 0.66
Quarterly 9/1/19 1.13 1.19 1.02 1.17 3 1 1 -24.83
Quarterly 12/1/19 1.75 1.78 1.72 1.75 2 -- -- --

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 3.28 4.93 -33.51
Annual 12/1/17 2.32 2.46 -5.52
Annual 12/1/16 3.99 3.76 6.12
Quarterly 3/1/19 -2.12 1.84 -215.28
Quarterly 12/1/18 -0.11 1.06 -110.39
Quarterly 9/1/18 1.70 1.20 41.37
Quarterly 6/1/18 2.13 1.24 71.60

Reference Information - Dividend Per Share

Last Actual (FY0): 0.90
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 1.97 2.28 1.80 1.91 5 -- -- --
Annual 12/1/20 1.75 2.00 1.60 1.71 9 -- -- --
Annual 12/1/19 1.60 1.60 1.60 1.60 8 -- -- --
Quarterly 3/1/20 0.40 0.40 0.40 0.40 1 -- -- --
Quarterly 6/1/19 0.29 0.40 0.17 0.30 4 -- -- --
Quarterly 9/1/19 0.29 0.40 0.17 0.30 4 -- -- --
Quarterly 12/1/19 0.29 0.40 0.17 0.30 4 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 0.90 -- --
Annual 12/1/17 0.66 -- --
Annual 12/1/16 0.66 -- --
Quarterly 3/1/19 0.40 -- --
Quarterly 12/1/18 0.40 -- --
Quarterly 9/1/18 0.17 -- --
Quarterly 6/1/18 0.17 -- --

Reference Information - EBIT

Last Actual (FY0): 1,136.30
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 1,221.36 1,283.00 1,153.04 1,218.22 10 2 -- 0.01
Annual 12/1/20 1,154.35 1,210.10 1,090.72 1,156.01 19 1 4 -0.01
Annual 12/1/19 1,044.45 1,065.00 1,015.80 1,045.05 19 1 4 -0.21
Quarterly 3/1/20 331.06 350.00 304.08 335.00 5 -- 1 -0.24
Quarterly 6/1/19 296.18 303.00 285.07 296.79 12 -- 3 -0.85
Quarterly 9/1/19 175.18 198.00 166.00 173.50 12 1 2 -0.52
Quarterly 12/1/19 269.50 294.00 248.00 266.85 12 1 1 0.47

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 1,136.30 -- --
Annual 12/1/17 509.90 -- --
Annual 12/1/16 577.80 -- --
Quarterly 3/1/19 306.10 -- --
Quarterly 12/1/18 275.40 -- --
Quarterly 9/1/18 191.50 -- --
Quarterly 6/1/18 327.60 -- --

Reference Information - EBITDA

Last Actual (FY0): 1,304.60
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 1,381.38 1,445.00 1,322.03 1,371.62 8 1 1 --
Annual 12/1/20 1,314.24 1,374.00 1,252.73 1,313.25 18 1 3 -0.01
Annual 12/1/19 1,202.96 1,275.00 1,175.97 1,200.17 19 1 4 -0.18
Quarterly 3/1/20 373.48 388.90 344.58 377.69 6 -- 3 -0.33
Quarterly 6/1/19 333.41 342.00 322.57 335.00 14 -- 5 -0.87
Quarterly 9/1/19 214.04 237.43 204.00 212.80 14 1 3 -0.57
Quarterly 12/1/19 313.66 361.00 288.00 307.84 14 2 1 0.38

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 1,304.60 -- --
Annual 12/1/17 622.90 -- --
Annual 12/1/16 714.90 -- --
Quarterly 3/1/19 343.40 -- --
Quarterly 12/1/18 318.90 -- --
Quarterly 9/1/18 235.10 -- --
Quarterly 6/1/18 370.80 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 3.69
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 7.37 7.40 7.33 7.37 2 -- -- --
Annual 12/1/20 6.61 6.90 6.25 6.70 11 1 -- 0.01
Annual 12/1/19 5.44 5.70 4.48 5.63 6 -- 1 -0.96
Quarterly 3/1/20 1.96 1.99 1.94 1.96 3 -- 1 -0.08
Quarterly 6/1/19 1.65 1.68 1.60 1.67 8 -- 2 -1.20
Quarterly 9/1/19 0.86 0.91 0.77 0.88 8 -- 1 -1.01
Quarterly 12/1/19 1.53 1.64 1.47 1.52 8 1 -- 0.99

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 3.69 -- --
Annual 12/1/17 3.99 -- --
Annual 12/1/16 1.56 -- --
Quarterly 3/1/19 1.62 -- --
Quarterly 12/1/18 0.24 -- --
Quarterly 9/1/18 0.54 -- --
Quarterly 6/1/18 0.96 -- --

Reference Information - Net Debt

Last Actual (FY0): 2,565.00
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 2,190.93 3,247.40 1,077.61 2,156.28 6 -- -- --
Annual 12/1/20 2,482.21 3,067.00 1,683.42 2,890.80 7 -- 1 -0.85
Annual 12/1/19 2,670.75 2,867.00 2,121.00 2,784.42 8 -- 1 -0.93
Quarterly 3/1/20 2,561.43 2,561.43 2,561.43 2,561.43 1 -- -- --
Quarterly 6/1/19 2,631.98 2,631.98 2,631.98 2,631.98 1 -- -- --
Quarterly 9/1/19 2,866.08 3,203.00 2,529.15 2,866.08 2 -- -- --
Quarterly 12/1/19 2,729.01 2,762.00 2,696.03 2,729.01 2 -- -- --

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 2,565.00 2,373.39 8.07
Annual 12/1/17 2,902.60 2,527.29 14.85
Annual 12/1/16 1,828.80 1,544.85 18.38
Quarterly 3/1/19 3,029.30 2,063.97 46.77
Quarterly 12/1/18 2,565.00 2,283.56 12.32
Quarterly 9/1/18 2,566.20 2,019.17 27.09
Quarterly 6/1/18 2,741.00 2,070.45 32.39

Reference Information - Net Income

Last Actual (FY0): 854.70
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 12/1/21 908.00 974.00 858.24 907.59 8 2 -- 0.06
Annual 12/1/20 853.36 898.20 812.37 850.30 19 -- 2 -0.00
Annual 12/1/19 762.90 774.00 746.00 762.60 19 -- 3 -0.18
Quarterly 3/1/20 250.42 265.00 229.78 250.00 5 -- 1 -0.71
Quarterly 6/1/19 220.38 227.00 211.91 220.80 12 -- 2 -0.74
Quarterly 9/1/19 118.02 138.00 111.00 117.05 12 1 1 -0.50
Quarterly 12/1/19 198.15 218.00 180.00 196.80 12 1 1 0.67

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 854.70 -- --
Annual 12/1/17 368.30 -- --
Annual 12/1/16 379.80 -- --
Quarterly 3/1/19 229.30 -- --
Quarterly 12/1/18 227.90 -- --
Quarterly 9/1/18 134.10 -- --
Quarterly 6/1/18 242.00 -- --

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 12/1/20 1,190.00 1,190.00 1,190.00 1,190.00 1 -- -- --
Annual 12/1/19 841.00 841.00 841.00 841.00 1 -- -- --

Actuals - Operating Profit

Reported EPS Mean Estimate Surprise % Change

Reference Information - Return On Equity

Last Actual (FY0): 29.46
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 23.85 30.27 17.44 23.85 2 -- -- --
Annual 12/1/20 26.66 30.80 20.01 27.92 4 -- -- 0.21
Annual 12/1/19 23.68 27.86 18.20 24.08 6 -- -- 0.02
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 29.46 -- --
Annual 12/1/17 15.67 -- --
Annual 12/1/16 35.42 -- --

Reference Information - Sales

Last Actual (FY0): 4,727.80
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 5,057.65 5,264.00 4,913.00 5,045.27 10 -- 2 -0.02
Annual 12/1/20 4,788.53 5,055.00 4,680.43 4,777.00 21 2 2 0.02
Annual 12/1/19 4,536.13 4,592.99 4,494.00 4,532.40 21 1 4 -0.08
Quarterly 3/1/20 1,250.86 1,268.00 1,239.78 1,248.20 6 2 1 -0.06
Quarterly 6/1/19 1,196.75 1,215.00 1,166.00 1,200.79 16 -- 4 -0.49
Quarterly 9/1/19 977.84 1,001.89 951.00 978.66 16 2 1 0.06
Quarterly 12/1/19 1,170.34 1,200.00 1,143.38 1,168.00 16 2 1 0.16

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 4,727.80 4,696.87 0.66
Annual 12/1/17 2,878.60 2,892.79 -0.49
Annual 12/1/16 3,282.40 3,334.24 -1.55
Quarterly 3/1/19 1,192.10 1,193.09 -0.08
Quarterly 12/1/18 1,219.20 1,174.43 3.81
Quarterly 9/1/18 1,035.60 1,001.31 3.42
Quarterly 6/1/18 1,262.30 1,241.69 1.66

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