Earnings Estimates

Reference Information - Earnings Per Share

Last Actual (FY0): 2.56
FY0 End Date: 12/1/17
Ind. Annual Div: 0.11
Hist (5 Yr) Growth %: 14.49
Hist (5 Yr) Stability %: 18.95
Yield (%): 0.23

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 4.53 4.66 4.39 4.53 2 -- 1 --
Annual 12/1/19 3.89 4.08 3.73 3.89 8 1 6 -2.36
Annual 12/1/18 3.37 3.43 3.30 3.37 8 1 7 -1.23
Quarterly 12/1/18 1.03 1.08 0.98 1.03 8 7 -- 2.95
Quarterly 3/1/19 0.93 0.97 0.88 0.93 6 2 4 -1.44
Quarterly 6/1/19 0.95 1.00 0.91 0.95 6 2 3 -1.92
Quarterly 9/1/19 0.85 1.03 0.78 0.82 6 -- 6 -9.98
Long Term Growth 12.00 12.00 12.00 12.00 1 -- -- --

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 2.56 2.46 4.22
Annual 12/1/16 2.30 2.26 1.94
Annual 12/1/15 2.15 2.12 1.48
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
Quarterly 12/1/17 0.65 0.55 17.94

Reference Information - Book Value Per Share

Last Actual (FY0): 24.42
FY0 End Date: 12/1/17
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 12/1/20 31.46 31.46 31.46 31.46 1 -- 1 --
Annual 12/1/19 29.30 30.61 27.98 29.30 2 1 1 -1.13
Annual 12/1/18 26.25 26.97 25.53 26.25 2 1 1 --
Quarterly 12/1/18 26.25 26.97 25.53 26.25 2 1 1 --
Quarterly 3/1/19 26.77 27.84 25.69 26.77 2 1 1 -0.56
Quarterly 6/1/19 27.56 28.76 26.36 27.56 2 1 1 -0.83
Quarterly 9/1/19 28.32 29.52 27.12 28.32 2 -- 2 -1.09

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 24.42 -- --
Annual 12/1/16 20.75 -- --
Annual 12/1/15 18.83 -- --
Quarterly 9/1/18 25.71 -- --
Quarterly 6/1/18 25.23 -- --
Quarterly 3/1/18 25.03 -- --
Quarterly 12/1/17 24.42 -- --

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

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): 0.11
FY0 End Date: 12/1/17
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 12/1/20 0.34 0.34 0.34 0.34 1 -- -- --
Annual 12/1/19 0.16 0.24 0.12 0.12 3 -- -- --
Annual 12/1/18 0.13 0.16 0.12 0.12 3 -- -- --
Quarterly 12/1/18 0.04 0.05 0.03 0.03 3 -- -- --
Quarterly 3/1/19 0.04 0.05 0.03 0.03 3 -- -- --
Quarterly 6/1/19 0.04 0.05 0.03 0.03 3 -- -- --
Quarterly 9/1/19 0.04 0.07 0.03 0.03 3 -- -- --

Actuals - Dividend Per Share

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

Reference Information - EBIT

Last Actual (FY0): 283.93
FY0 End Date: 12/1/17
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 12/1/20 387.50 395.05 379.95 387.50 2 -- 2 --
Annual 12/1/19 360.05 378.00 341.05 359.21 9 1 6 -2.11
Annual 12/1/18 323.01 328.00 318.03 323.01 2 -- 1 -1.00
Quarterly 12/1/18 93.67 103.30 89.72 92.19 9 7 -- 1.20
Quarterly 3/1/19 85.44 88.10 81.93 86.07 7 2 4 -1.29
Quarterly 6/1/19 86.62 91.00 79.76 87.90 7 3 3 -1.82
Quarterly 9/1/19 79.81 94.00 71.67 75.76 7 -- 6 -7.11

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 283.93 -- --
Annual 12/1/16 287.29 -- --
Annual 12/1/15 269.44 -- --
Quarterly 9/1/18 66.85 -- --
Quarterly 6/1/18 79.66 -- --
Quarterly 3/1/18 77.61 -- --
Quarterly 12/1/17 71.05 -- --

Reference Information - EBITDA

Last Actual (FY0): 362.70
FY0 End Date: 12/1/17
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 12/1/20 485.16 493.82 476.51 485.16 2 1 1 --
Annual 12/1/19 448.80 473.40 429.80 448.00 8 3 5 -1.03
Annual 12/1/18 387.96 389.17 384.80 389.10 5 -- 5 -1.69
Quarterly 12/1/18 115.51 119.28 111.20 115.64 8 7 -- 1.56
Quarterly 3/1/19 108.53 111.68 105.00 108.79 6 3 2 0.36
Quarterly 6/1/19 109.96 118.00 104.43 109.02 6 4 1 -0.12
Quarterly 9/1/19 104.43 122.00 95.80 99.27 6 -- 5 -2.88

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 362.70 -- --
Annual 12/1/16 342.45 -- --
Annual 12/1/15 349.65 -- --
Quarterly 9/1/18 82.47 -- --
Quarterly 6/1/18 97.01 -- --
Quarterly 3/1/18 94.10 -- --
Quarterly 12/1/17 89.88 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 4.06
FY0 End Date: 12/1/17
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 12/1/20 4.22 4.31 4.12 4.22 2 -- 1 --
Annual 12/1/19 3.78 4.01 3.60 3.80 9 -- 4 -1.85
Annual 12/1/18 2.91 3.03 2.86 2.89 5 -- 3 -0.76
Quarterly 12/1/18 0.97 1.00 0.91 0.97 9 5 1 0.69
Quarterly 3/1/19 0.89 0.92 0.86 0.89 7 2 3 -1.44
Quarterly 6/1/19 0.90 0.96 0.83 0.92 7 3 2 -2.06
Quarterly 9/1/19 0.86 1.00 0.77 0.85 7 -- 5 -4.66

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 4.06 -- --
Annual 12/1/16 1.91 -- --
Annual 12/1/15 1.86 -- --
Quarterly 9/1/18 0.62 -- --
Quarterly 6/1/18 0.54 -- --
Quarterly 3/1/18 0.73 -- --
Quarterly 12/1/17 2.46 -- --

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/15 573.28 471.81 21.51

Reference Information - Net Income

Last Actual (FY0): 184.67
FY0 End Date: 12/1/17
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 12/1/20 295.04 295.04 295.04 295.04 1 -- 1 --
Annual 12/1/19 270.04 282.17 261.98 269.54 7 1 5 -1.97
Annual 12/1/18 238.06 242.50 233.60 238.04 6 -- 6 -1.23
Quarterly 12/1/18 71.11 76.00 67.00 71.48 7 6 -- 1.74
Quarterly 3/1/19 64.25 67.26 61.00 64.24 5 1 3 0.13
Quarterly 6/1/19 66.59 68.70 63.81 66.10 5 2 2 -0.83
Quarterly 9/1/19 59.21 68.00 54.77 57.50 5 -- 4 -6.32

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 184.67 -- --
Annual 12/1/16 167.73 -- --
Annual 12/1/15 157.04 -- --
Quarterly 9/1/18 48.64 -- --
Quarterly 6/1/18 59.57 -- --
Quarterly 3/1/18 58.34 -- --
Quarterly 12/1/17 47.00 -- --

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

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): 11.72
FY0 End Date: 12/1/17
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 12/1/20 13.80 13.80 13.80 13.80 1 -- 1 --
Annual 12/1/19 13.15 13.30 13.00 13.15 2 -- 2 --
Annual 12/1/18 12.15 13.00 11.30 12.15 2 -- 1 --
Quarterly 12/1/18 13.60 15.90 11.30 13.60 2 1 1 -0.37
Quarterly 3/1/19 12.60 13.60 11.60 12.60 2 -- 2 -1.98
Quarterly 6/1/19 13.30 14.20 12.40 13.30 2 1 1 -5.64
Quarterly 9/1/19 12.50 13.40 11.60 12.50 2 -- 2 -6.00

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 11.72 -- --
Annual 12/1/16 11.78 -- --
Annual 12/1/15 12.13 -- --
Quarterly 9/1/18 11.09 -- --
Quarterly 6/1/18 13.61 -- --
Quarterly 3/1/18 3.58 -- --
Quarterly 12/1/17 11.39 -- --

Reference Information - Sales

Last Actual (FY0): 3,383.71
FY0 End Date: 12/1/17
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 12/1/20 4,342.08 4,356.86 4,327.30 4,342.08 2 1 1 --
Annual 12/1/19 4,238.68 4,434.50 4,122.50 4,185.10 9 5 4 -0.51
Annual 12/1/18 3,828.82 3,852.28 3,809.33 3,828.71 9 3 6 -0.09
Quarterly 12/1/18 991.43 1,016.54 973.39 991.59 8 2 6 -0.79
Quarterly 3/1/19 1,056.70 1,094.46 1,011.44 1,053.79 6 2 4 -0.90
Quarterly 6/1/19 1,039.94 1,076.96 1,010.08 1,034.46 6 1 5 -0.89
Quarterly 9/1/19 1,065.47 1,116.80 1,034.40 1,057.98 6 4 2 0.05

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 3,383.71 3,369.69 0.42
Annual 12/1/16 3,207.72 3,227.08 -0.60
Annual 12/1/15 3,179.76 3,165.90 0.44
Quarterly 9/1/18 953.07 947.75 0.56
Quarterly 6/1/18 927.86 925.36 0.27
Quarterly 3/1/18 954.81 930.83 2.58
Quarterly 12/1/17 884.63 869.21 1.77

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

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