Earnings Estimates

Reference Information - Earnings Per Share

Last Actual (FY0): 3.36
FY0 End Date: 12/1/18
Ind. Annual Div: 0.14
Hist (5 Yr) Growth %: 16.47
Hist (5 Yr) Stability %: 19.55
Yield (%): 0.27

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 4.83 4.97 4.68 4.83 2 -- 1 -2.38
Annual 12/1/20 4.31 4.48 4.13 4.29 6 -- 2 -2.86
Annual 12/1/19 3.76 3.84 3.67 3.76 8 1 6 -3.91
Quarterly 3/1/19 0.94 0.96 0.91 0.94 8 5 2 1.19
Quarterly 6/1/19 0.88 0.92 0.83 0.88 8 -- 8 -7.56
Quarterly 9/1/19 0.86 0.91 0.83 0.85 8 6 1 --
Quarterly 12/1/19 1.09 1.14 1.04 1.09 8 1 7 -7.79
Long Term Growth 12.00 12.00 12.00 12.00 1 -- -- --

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 3.36 3.37 -0.21
Annual 12/1/17 2.56 2.46 4.22
Annual 12/1/16 2.30 2.26 1.94
Quarterly 12/1/18 1.02 1.03 -0.62
Quarterly 9/1/18 0.69 0.76 -9.29
Quarterly 6/1/18 0.84 0.78 7.50
Quarterly 3/1/18 0.81 0.95 -14.74

Reference Information - Book Value Per Share

Last Actual (FY0): 26.21
FY0 End Date: 12/1/18
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 12/1/21 33.64 33.64 33.64 33.64 1 -- 1 --
Annual 12/1/20 31.64 33.36 29.91 31.64 2 -- 1 -2.45
Annual 12/1/19 28.06 29.34 26.77 28.06 2 -- 2 -2.16
Quarterly 3/1/19 25.81 26.86 24.75 25.81 2 -- 2 -1.82
Quarterly 6/1/19 26.49 27.60 25.38 26.49 2 -- 2 -1.85
Quarterly 9/1/19 27.16 28.32 25.99 27.16 2 -- 2 -2.08
Quarterly 12/1/19 28.06 29.34 26.77 28.06 2 -- 2 -2.16

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 26.21 -- --
Annual 12/1/17 24.42 -- --
Annual 12/1/16 20.75 -- --
Quarterly 12/1/18 26.21 -- --
Quarterly 9/1/18 25.71 -- --
Quarterly 6/1/18 25.23 -- --
Quarterly 3/1/18 25.03 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): --
FY0 End Date:
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 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

Actuals - Cash Flow Per Share

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 - Dividend Per Share

Last Actual (FY0): 0.13
FY0 End Date: 12/1/18
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 12/1/21 0.34 0.34 0.34 0.34 1 -- 1 --
Annual 12/1/20 0.17 0.25 0.12 0.14 3 -- 1 -35.29
Annual 12/1/19 0.15 0.18 0.12 0.14 3 -- 1 --
Quarterly 3/1/19 0.03 0.04 0.03 0.04 3 -- 1 --
Quarterly 6/1/19 0.03 0.04 0.03 0.04 3 -- 1 --
Quarterly 9/1/19 0.04 0.06 0.03 0.04 3 -- 1 --
Quarterly 12/1/19 0.04 0.06 0.03 0.04 3 -- 1 --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 0.13 -- --
Annual 12/1/17 0.11 -- --
Annual 12/1/16 0.10 -- --
Quarterly 12/1/18 0.04 -- --
Quarterly 9/1/18 0.03 -- --
Quarterly 6/1/18 0.03 -- --
Quarterly 3/1/18 0.03 -- --

Reference Information - EBIT

Last Actual (FY0): 315.22
FY0 End Date: 12/1/18
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 12/1/21 391.09 391.09 391.09 391.09 1 -- -- -5.01
Annual 12/1/20 385.58 414.00 355.58 386.38 4 -- 1 -1.35
Annual 12/1/19 340.30 361.35 305.82 355.30 7 -- 6 -5.36
Quarterly 3/1/19 81.52 89.70 65.62 84.50 7 2 4 -4.23
Quarterly 6/1/19 82.19 90.60 72.56 83.73 7 1 5 -7.07
Quarterly 9/1/19 78.80 85.00 70.58 80.10 7 4 2 0.06
Quarterly 12/1/19 97.78 103.99 87.14 100.40 7 -- 6 -9.23

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 315.22 -- --
Annual 12/1/17 283.93 -- --
Annual 12/1/16 287.29 -- --
Quarterly 12/1/18 96.20 -- --
Quarterly 9/1/18 66.85 -- --
Quarterly 6/1/18 79.66 -- --
Quarterly 3/1/18 77.61 -- --

Reference Information - EBITDA

Last Actual (FY0): 386.24
FY0 End Date: 12/1/18
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 12/1/21 512.91 528.74 497.09 512.91 2 -- -- --
Annual 12/1/20 475.37 493.82 461.58 473.05 4 -- 1 -1.01
Annual 12/1/19 431.63 457.50 419.90 428.49 7 -- 6 -3.85
Quarterly 3/1/19 106.78 112.00 103.00 107.30 7 3 3 0.07
Quarterly 6/1/19 103.77 109.10 97.50 103.30 7 -- 6 -6.49
Quarterly 9/1/19 101.29 111.00 96.10 99.46 7 4 2 -0.72
Quarterly 12/1/19 119.88 128.00 110.52 120.66 7 -- 6 -7.65

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 386.24 -- --
Annual 12/1/17 362.70 -- --
Annual 12/1/16 342.45 -- --
Quarterly 12/1/18 112.66 -- --
Quarterly 9/1/18 82.47 -- --
Quarterly 6/1/18 97.01 -- --
Quarterly 3/1/18 94.10 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 2.78
FY0 End Date: 12/1/18
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 12/1/21 4.50 4.61 4.39 4.50 2 -- 1 -2.67
Annual 12/1/20 4.11 4.48 3.85 4.06 4 -- 2 1.40
Annual 12/1/19 3.46 3.84 3.19 3.30 8 -- 6 -8.96
Quarterly 3/1/19 0.79 0.95 0.70 0.72 8 1 5 -13.38
Quarterly 6/1/19 0.84 0.96 0.75 0.82 8 -- 6 -9.84
Quarterly 9/1/19 0.82 0.91 0.75 0.81 8 3 2 -0.28
Quarterly 12/1/19 1.02 1.12 0.88 1.02 8 -- 6 -11.63

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 2.78 -- --
Annual 12/1/17 4.06 -- --
Annual 12/1/16 1.91 -- --
Quarterly 12/1/18 0.89 -- --
Quarterly 9/1/18 0.62 -- --
Quarterly 6/1/18 0.54 -- --
Quarterly 3/1/18 0.73 -- --

Reference Information - Net Debt

Last Actual (FY0): --
FY0 End Date:
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 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

Actuals - Net Debt

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

Last Actual (FY0): 237.47
FY0 End Date: 12/1/18
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 12/1/21 299.01 299.01 299.01 299.01 1 -- -- --
Annual 12/1/20 290.65 304.56 272.29 292.88 4 -- 1 -0.84
Annual 12/1/19 258.21 262.60 249.62 258.90 7 -- 6 -4.53
Quarterly 3/1/19 63.87 65.40 62.00 64.02 7 3 3 -0.26
Quarterly 6/1/19 61.29 66.70 56.89 61.13 7 -- 6 -7.90
Quarterly 9/1/19 58.36 61.00 57.00 58.10 7 4 2 1.15
Quarterly 12/1/19 74.55 77.74 70.54 74.00 7 -- 6 -9.67

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 237.47 -- --
Annual 12/1/17 184.67 -- --
Annual 12/1/16 167.73 -- --
Quarterly 12/1/18 70.76 -- --
Quarterly 9/1/18 48.64 -- --
Quarterly 6/1/18 59.57 -- --
Quarterly 3/1/18 58.34 -- --

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 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

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): 13.61
FY0 End Date: 12/1/18
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 12/1/21 13.80 13.80 13.80 13.80 1 -- 1 --
Annual 12/1/20 13.15 13.20 13.10 13.15 2 -- 1 -2.28
Annual 12/1/19 12.65 13.10 12.20 12.65 2 -- 1 --
Quarterly 3/1/19 12.55 14.00 11.10 12.55 2 1 1 -1.99
Quarterly 6/1/19 12.35 12.90 11.80 12.35 2 -- 2 -2.43
Quarterly 9/1/19 12.30 12.30 12.30 12.30 2 1 1 -4.47
Quarterly 12/1/19 14.10 16.00 12.20 14.10 2 1 1 -3.90

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 13.61 -- --
Annual 12/1/17 11.72 -- --
Annual 12/1/16 11.78 -- --
Quarterly 12/1/18 16.06 -- --
Quarterly 9/1/18 11.09 -- --
Quarterly 6/1/18 13.61 -- --
Quarterly 3/1/18 3.58 -- --

Reference Information - Sales

Last Actual (FY0): 3,828.92
FY0 End Date: 12/1/18
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 12/1/21 4,318.92 4,405.47 4,232.38 4,318.92 2 -- 1 -0.51
Annual 12/1/20 4,309.75 4,405.16 4,082.02 4,350.60 6 1 1 3.48
Annual 12/1/19 3,979.83 4,052.90 3,915.58 3,995.47 9 4 5 0.32
Quarterly 3/1/19 992.22 1,010.80 963.38 995.00 8 4 4 -0.64
Quarterly 6/1/19 970.26 976.89 964.48 968.67 8 3 5 -1.52
Quarterly 9/1/19 988.86 1,010.10 970.53 987.02 8 4 4 -0.38
Quarterly 12/1/19 1,035.97 1,060.80 1,003.73 1,037.90 8 3 5 0.53

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 3,828.92 3,748.77 2.14
Annual 12/1/17 3,383.71 3,369.69 0.42
Annual 12/1/16 3,207.72 3,227.08 -0.60
Quarterly 12/1/18 993.18 961.32 3.31
Quarterly 9/1/18 888.86 947.75 -6.21
Quarterly 6/1/18 877.82 925.36 -5.14
Quarterly 3/1/18 908.28 930.83 -2.42

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 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

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 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

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 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

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 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

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 -- -- --
Fiscal Year Ending: Dec - Last Changed: 07/14/17

Copyright Thomson Reuters Corporation