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Analyst Estimates

Analyst Ratings

Mean Recommendation:

1.95

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 6.29
FY0 End Date: 12/1/18
Ind. Annual Div: 1.76
Hist (5 Yr) Growth %: 7.63
Yield (%): 1.79

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 7.58 8.44 7.00 7.52 12 1 1 -0.03
Annual 12/1/20 6.67 7.14 6.40 6.65 21 1 1 -0.08
Annual 12/1/19 5.84 6.16 5.21 5.85 21 -- 1 -0.06
Quarterly 3/1/20 1.88 1.94 1.81 1.89 9 1 -- 0.03
Quarterly 6/1/20 1.90 2.01 1.85 1.89 9 1 -- -0.35
Quarterly 9/1/20 1.08 1.21 1.00 1.07 9 -- -- -1.00
Quarterly 12/1/19 1.54 1.58 1.49 1.53 18 -- 1 -0.27
Long Term Growth 8.00 8.00 8.00 8.00 1 -- -- 0.00

Actuals - Earnings Per Share

Reported 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 9/1/19 0.94 0.81 16.28
Quarterly 6/1/19 1.66 1.65 0.82
Quarterly 3/1/19 1.72 1.62 6.00
Quarterly 12/1/18 1.69 1.47 14.90

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 25.60 29.90 21.13 25.65 5 -- -- --
Annual 12/1/20 24.24 27.10 22.64 23.60 4 -- -- --
Annual 12/1/19 22.19 24.80 20.56 21.70 4 -- -- --
Quarterly 12/1/19 21.77 21.77 21.77 21.77 1 -- -- --

Actuals - Book Value Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 23.59 25.59 -7.83
Annual 12/1/17 19.96 16.05 24.38
Annual 12/1/16 14.89 16.48 -9.62
Quarterly 9/1/19 20.44 22.83 -10.49
Quarterly 6/1/19 21.23 24.50 -13.37
Quarterly 3/1/19 20.97 26.24 -20.09
Quarterly 12/1/18 23.59 25.94 -9.06

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 7.97 8.71 7.19 8.00 3 -- -- --
Annual 12/1/20 6.70 7.73 5.85 6.61 4 -- -- --
Annual 12/1/19 5.20 6.24 4.03 5.26 4 -- -- --
Quarterly 3/1/20 1.38 1.38 1.38 1.38 1 -- -- --
Quarterly 6/1/20 2.13 2.13 2.13 2.13 1 -- -- --
Quarterly 9/1/20 2.09 2.09 2.09 2.09 1 -- -- --
Quarterly 12/1/19 3.43 4.85 1.87 3.58 3 -- -- --

Actuals - Cash Flow Per Share

Reported 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 9/1/19 1.94 3.08 -36.99
Quarterly 6/1/19 0.50 3.26 -84.64
Quarterly 3/1/19 -2.12 1.84 -215.28
Quarterly 12/1/18 -0.11 1.06 -110.39

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 1.86 2.02 1.60 1.85 6 1 -- 0.76
Annual 12/1/20 1.79 2.26 1.60 1.76 9 -- -- --
Annual 12/1/19 1.60 1.64 1.60 1.60 9 1 -- 0.28
Quarterly 3/1/20 0.42 0.42 0.42 0.42 1 -- -- --
Quarterly 6/1/20 0.43 0.43 0.43 0.43 1 -- -- --
Quarterly 9/1/20 0.43 0.43 0.43 0.43 1 -- -- --
Quarterly 12/1/19 0.40 0.40 0.40 0.40 2 -- -- --

Actuals - Dividend Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 0.90 0.68 31.14
Annual 12/1/17 0.66 0.67 -1.33
Annual 12/1/16 0.66 0.65 2.11
Quarterly 9/1/19 0.40 0.29 36.40
Quarterly 6/1/19 0.40 0.29 36.40
Quarterly 3/1/19 0.40 0.29 38.29
Quarterly 12/1/18 0.40 0.18 126.31

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 1,270.32 1,330.43 1,232.38 1,268.66 11 1 -- 0.06
Annual 12/1/20 1,163.23 1,193.97 1,144.00 1,159.59 16 1 -- 0.04
Annual 12/1/19 1,060.33 1,071.00 988.50 1,065.71 15 1 1 0.00
Quarterly 3/1/20 327.87 337.00 310.60 336.00 3 -- -- --
Quarterly 6/1/20 325.50 331.00 321.50 324.00 3 -- -- --
Quarterly 9/1/20 205.43 219.30 194.00 203.00 3 -- -- --
Quarterly 12/1/19 277.46 281.27 272.00 278.00 9 1 -- 0.01

Actuals - EBIT

Reported Mean Estimate Surprise % Change
Annual 12/1/18 1,136.30 1,121.21 1.35
Annual 12/1/17 509.90 492.36 3.56
Annual 12/1/16 577.80 581.49 -0.63
Quarterly 9/1/19 182.70 163.83 11.52
Quarterly 6/1/19 300.60 296.18 1.49
Quarterly 3/1/19 306.10 293.10 4.44
Quarterly 12/1/18 275.40 270.25 1.91

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 1,429.33 1,485.06 1,381.00 1,423.10 11 1 -- 0.05
Annual 12/1/20 1,318.54 1,351.90 1,288.00 1,314.09 19 3 -- 0.04
Annual 12/1/19 1,214.56 1,221.00 1,208.00 1,214.34 19 2 1 0.06
Quarterly 3/1/20 365.47 375.00 350.60 367.20 6 -- -- --
Quarterly 6/1/20 365.50 371.00 361.50 364.75 6 -- -- --
Quarterly 9/1/20 240.65 260.30 232.00 237.61 6 -- -- --
Quarterly 12/1/19 314.53 320.17 307.60 314.35 12 -- 1 -0.01

Actuals - EBITDA

Reported Mean Estimate Surprise % Change
Annual 12/1/18 1,304.60 1,297.36 0.56
Annual 12/1/17 622.90 612.42 1.71
Annual 12/1/16 714.90 720.51 -0.78
Quarterly 9/1/19 219.30 201.37 8.90
Quarterly 6/1/19 337.80 333.41 1.32
Quarterly 3/1/19 343.40 328.96 4.39
Quarterly 12/1/18 318.90 314.01 1.56

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 7.58 7.60 7.56 7.58 2 -- -- --
Annual 12/1/20 6.60 6.92 6.40 6.60 9 -- -- --
Annual 12/1/19 5.06 5.21 4.69 5.14 5 -- -- --
Quarterly 3/1/20 1.88 1.94 1.82 1.88 4 -- -- --
Quarterly 6/1/20 1.90 1.93 1.88 1.89 4 -- -- --
Quarterly 9/1/20 1.08 1.21 1.00 1.06 4 -- -- --
Quarterly 12/1/19 1.53 1.58 1.42 1.54 6 -- -- --

Actuals - GAAP Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 3.69 5.07 -27.22
Annual 12/1/17 3.99 1.29 209.84
Annual 12/1/16 1.56 2.33 -32.99
Quarterly 9/1/19 0.69 0.81 -15.08
Quarterly 6/1/19 1.32 1.65 -19.88
Quarterly 3/1/19 1.62 1.59 2.05
Quarterly 12/1/18 0.24 1.40 -82.89

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 2,641.68 2,994.99 1,525.00 2,837.47 6 -- 1 -0.04
Annual 12/1/20 2,491.08 2,944.11 1,200.00 2,849.00 7 1 -- 0.00
Annual 12/1/19 2,734.71 3,060.00 2,007.00 2,827.03 7 -- 1 -0.05
Quarterly 9/1/20 1,305.00 1,305.00 1,305.00 1,305.00 1 -- -- --
Quarterly 12/1/19 2,943.00 2,943.00 2,943.00 2,943.00 1 -- -- --

Actuals - Net Debt

Reported 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 9/1/19 3,166.30 2,875.30 10.12
Quarterly 6/1/19 3,155.10 2,631.98 19.88
Quarterly 3/1/19 3,029.30 2,063.97 46.77
Quarterly 12/1/18 2,565.00 2,283.56 12.32

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 12/1/21 953.55 1,041.00 870.96 941.70 10 1 -- 0.07
Annual 12/1/20 857.31 914.00 821.33 854.00 17 1 -- 0.04
Annual 12/1/19 765.55 813.00 680.40 772.00 17 -- 1 0.00
Quarterly 3/1/20 245.33 252.00 234.00 250.00 3 -- -- --
Quarterly 6/1/20 243.00 245.00 241.00 243.00 3 -- -- --
Quarterly 9/1/20 140.83 152.50 131.00 139.00 3 -- -- --
Quarterly 12/1/19 201.09 207.00 195.00 200.00 9 -- -- --

Actuals - Net Income

Reported Mean Estimate Surprise % Change
Annual 12/1/18 854.70 820.03 4.23
Annual 12/1/17 368.30 361.51 1.88
Annual 12/1/16 379.80 380.73 -0.25
Quarterly 9/1/19 124.20 106.64 16.47
Quarterly 6/1/19 220.20 219.86 0.15
Quarterly 3/1/19 229.30 219.42 4.50
Quarterly 12/1/18 227.90 196.43 16.02

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 12/1/19 830.00 830.00 830.00 830.00 1 -- -- --

Actuals - Operating Profit

Reported 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 30.49 31.36 29.61 30.49 2 -- -- --
Annual 12/1/20 26.24 30.88 20.00 27.05 4 -- -- --
Annual 12/1/19 24.53 28.12 19.20 26.55 5 -- -- --

Actuals - Return On Equity

Reported Mean Estimate Surprise % Change
Annual 12/1/18 29.46 25.94 3.52
Annual 12/1/17 15.67 15.85 -0.18
Annual 12/1/16 35.42 17.35 18.07

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 5,109.51 5,204.00 4,987.00 5,110.80 12 1 -- 0.04
Annual 12/1/20 4,852.85 4,934.00 4,771.11 4,854.00 19 1 -- 0.02
Annual 12/1/19 4,601.88 4,624.71 4,584.00 4,600.00 19 -- 2 -0.01
Quarterly 3/1/20 1,254.28 1,287.20 1,216.00 1,256.40 8 1 -- 0.20
Quarterly 6/1/20 1,277.43 1,305.73 1,249.62 1,278.00 8 1 -- 0.08
Quarterly 9/1/20 1,063.41 1,081.00 1,028.55 1,066.76 8 1 -- 0.20
Quarterly 12/1/19 1,191.64 1,212.21 1,176.00 1,187.76 14 1 1 -0.03

Actuals - Sales

Reported 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 9/1/19 1,014.30 978.28 3.68
Quarterly 6/1/19 1,206.10 1,197.47 0.72
Quarterly 3/1/19 1,192.10 1,193.09 -0.08
Quarterly 12/1/18 1,219.20 1,174.43 3.81

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