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 %: 11.90
Yield (%): 0.20

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 5.31 5.42 5.20 5.31 2 -- 1 -0.09
Annual 12/1/20 4.53 4.83 4.31 4.50 9 1 -- 0.95
Annual 12/1/19 3.94 4.03 3.89 3.93 8 1 1 -0.02
Quarterly 3/1/20 1.15 1.23 1.08 1.14 6 1 -- 0.73
Quarterly 6/1/20 1.05 1.13 1.02 1.04 6 1 -- 0.32
Quarterly 9/1/19 0.82 0.86 0.77 0.82 9 -- 1 -0.62
Quarterly 12/1/19 1.12 1.19 1.08 1.11 9 1 -- 0.17
Long Term Growth 18.30 18.30 18.30 18.30 1 -- -- 0.00

Actuals - Earnings Per Share

Reported 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 6/1/19 0.93 0.87 6.62
Quarterly 3/1/19 1.08 0.94 15.51
Quarterly 12/1/18 1.02 1.03 -0.62
Quarterly 9/1/18 0.69 0.76 -9.29

Reference Information - Book Value Per Share

Last Actual (FY0): 26.21
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 34.17 34.17 34.17 34.17 1 -- -- --
Annual 12/1/20 31.75 33.29 30.21 31.75 2 -- -- --
Annual 12/1/19 28.04 29.12 26.95 28.04 2 -- -- --
Quarterly 3/1/20 29.07 30.27 27.87 29.07 2 -- -- --
Quarterly 6/1/20 29.92 31.21 28.63 29.92 2 -- -- --
Quarterly 9/1/19 27.11 28.12 26.09 27.11 2 -- -- --
Quarterly 12/1/19 28.04 29.12 26.95 28.04 2 -- -- --

Actuals - Book Value Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 26.21 26.10 0.44
Annual 12/1/17 24.42 23.60 3.50
Annual 12/1/16 20.75 20.41 1.65
Quarterly 6/1/19 27.38 26.45 3.52
Quarterly 3/1/19 26.80 25.81 3.84
Quarterly 12/1/18 26.21 26.10 0.44
Quarterly 9/1/18 25.71 25.48 0.93

Reference Information - Cash Flow Per Share

Last Actual (FY0): --
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 12/1/20 7.19 7.19 7.19 7.19 1 -- -- --
Annual 12/1/19 5.98 5.98 5.98 5.98 1 -- -- --
Quarterly 9/1/19 -- -- -- -- 1 -- -- --
Quarterly 12/1/19 -- -- -- -- 1 -- -- --

Actuals - Cash Flow Per Share

Reported Mean Estimate Surprise % Change

Reference Information - Dividend Per Share

Last Actual (FY0): 0.13
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 0.34 0.34 0.34 0.34 1 -- -- --
Annual 12/1/20 0.17 0.25 0.12 0.15 4 -- -- -1.47
Annual 12/1/19 0.15 0.18 0.12 0.15 4 -- -- 0.57
Quarterly 3/1/20 0.04 0.06 0.03 0.04 3 -- -- --
Quarterly 6/1/20 0.04 0.06 0.03 0.04 3 -- -- --
Quarterly 9/1/19 0.04 0.06 0.03 0.04 3 -- -- --
Quarterly 12/1/19 0.04 0.06 0.03 0.04 3 -- -- --

Actuals - Dividend Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 0.13 0.14 -8.54
Annual 12/1/17 0.11 0.11 2.26
Annual 12/1/16 0.10 0.10 3.00
Quarterly 6/1/19 0.04 0.03 1.67
Quarterly 3/1/19 0.04 0.03 1.67
Quarterly 12/1/18 0.04 0.04 -3.33
Quarterly 9/1/18 0.03 0.04 -6.00

Reference Information - EBIT

Last Actual (FY0): 315.22
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 12/1/21 558.18 744.73 445.56 484.25 3 1 -- -6.21
Annual 12/1/20 415.97 442.68 375.57 418.25 6 2 -- 1.22
Annual 12/1/19 357.43 376.79 319.00 363.28 5 1 -- 4.20
Quarterly 3/1/20 100.73 105.38 91.84 102.85 4 2 -- 1.13
Quarterly 6/1/20 96.46 104.45 89.79 95.80 4 2 -- 0.61
Quarterly 9/1/19 75.44 80.00 67.37 75.89 6 -- 1 -0.46
Quarterly 12/1/19 103.96 109.90 91.57 105.32 6 2 -- 0.41

Actuals - EBIT

Reported Mean Estimate Surprise % Change
Annual 12/1/18 315.22 320.29 -1.58
Annual 12/1/17 283.93 268.24 5.85
Annual 12/1/16 287.29 267.46 7.42
Quarterly 6/1/19 59.85 82.38 -27.35
Quarterly 3/1/19 96.72 81.52 18.64
Quarterly 12/1/18 96.20 94.07 2.26
Quarterly 9/1/18 66.85 70.65 -5.38

Reference Information - EBITDA

Last Actual (FY0): 386.24
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 12/1/21 553.99 558.54 549.44 553.99 2 1 -- 0.00
Annual 12/1/20 497.79 532.60 479.13 489.96 9 1 1 -0.18
Annual 12/1/19 440.58 448.60 425.00 443.67 8 -- -- -0.34
Quarterly 3/1/20 128.32 134.80 120.08 130.00 5 1 -- 0.03
Quarterly 6/1/20 118.53 124.00 115.70 117.70 5 1 -- 0.03
Quarterly 9/1/19 98.16 102.30 92.20 99.62 9 -- 1 -0.87
Quarterly 12/1/19 124.52 135.00 119.81 123.40 9 1 -- -0.42

Actuals - EBITDA

Reported Mean Estimate Surprise % Change
Annual 12/1/18 386.24 388.26 -0.52
Annual 12/1/17 362.70 353.52 2.60
Annual 12/1/16 342.45 337.88 1.35
Quarterly 6/1/19 107.40 102.83 4.44
Quarterly 3/1/19 115.22 106.78 7.91
Quarterly 12/1/18 112.66 115.88 -2.78
Quarterly 9/1/18 82.47 91.44 -9.80

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 2.78
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 4.99 5.13 4.84 4.99 2 -- 1 -0.10
Annual 12/1/20 4.32 4.83 4.04 4.25 9 1 -- 1.55
Annual 12/1/19 3.24 3.44 3.12 3.21 8 -- 1 0.28
Quarterly 3/1/20 1.11 1.19 1.02 1.11 6 1 -- 0.45
Quarterly 6/1/20 0.99 1.13 0.89 0.99 6 1 -- 0.68
Quarterly 9/1/19 0.77 0.85 0.71 0.78 9 -- 2 -0.20
Quarterly 12/1/19 1.06 1.19 0.99 1.03 9 1 -- 1.09

Actuals - GAAP Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 2.78 2.89 -3.64
Annual 12/1/17 4.06 2.27 78.99
Annual 12/1/16 1.91 2.01 -4.90
Quarterly 6/1/19 0.62 0.81 -23.46
Quarterly 3/1/19 0.82 0.79 3.96
Quarterly 12/1/18 0.89 0.98 -8.92
Quarterly 9/1/18 0.62 0.72 -14.42

Reference Information - Net Asset Value

Last Actual (FY0): 1,760.71
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Net Asset Value

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 2,206.13 2,293.66 2,118.60 2,206.13 2 -- -- --
Annual 12/1/20 2,127.24 2,258.32 1,967.00 2,141.82 4 -- -- --
Annual 12/1/19 1,915.12 1,970.00 1,839.10 1,925.69 4 -- -- --
Quarterly 3/1/20 1,979.95 2,049.18 1,904.70 1,982.95 4 -- -- --
Quarterly 6/1/20 2,036.54 2,114.53 1,968.60 2,031.52 4 -- -- --
Quarterly 9/1/19 1,883.19 1,900.81 1,842.96 1,894.50 4 -- -- --
Quarterly 12/1/19 1,915.12 1,970.00 1,839.10 1,925.69 4 -- -- --

Actuals - Net Asset Value

Reported Mean Estimate Surprise % Change
Annual 12/1/18 1,760.71 1,814.55 -2.97
Annual 12/1/17 1,728.00 1,618.99 6.73
Annual 12/1/16 1,481.60 1,477.88 0.25
Quarterly 6/1/19 1,849.56 1,849.82 -0.01
Quarterly 3/1/19 1,813.51 1,814.74 -0.07
Quarterly 12/1/18 1,760.71 1,814.55 -2.97
Quarterly 9/1/18 1,763.51 1,778.74 -0.86

Reference Information - Net Debt

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

Actuals - Net Debt

Reported 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 %: --
Yield (%): --

Analyst Forecasts - Net Income

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 348.35 348.35 348.35 348.35 1 1 -- 0.01
Annual 12/1/20 306.98 326.41 291.20 308.91 8 2 -- 0.98
Annual 12/1/19 270.13 274.99 266.05 270.39 7 1 1 -0.03
Quarterly 3/1/20 77.10 84.55 72.20 76.60 5 2 -- 0.90
Quarterly 6/1/20 71.59 76.44 69.00 70.72 5 2 -- 0.50
Quarterly 9/1/19 56.35 58.71 52.60 57.06 8 -- 1 -0.81
Quarterly 12/1/19 76.57 81.00 73.17 75.29 8 2 -- 0.31

Actuals - Net Income

Reported Mean Estimate Surprise % Change
Annual 12/1/18 237.47 238.27 -0.33
Annual 12/1/17 184.67 176.87 4.41
Annual 12/1/16 167.73 160.50 4.51
Quarterly 6/1/19 63.91 59.96 6.57
Quarterly 3/1/19 74.31 63.87 16.35
Quarterly 12/1/18 70.76 71.30 -0.76
Quarterly 9/1/18 48.64 53.34 -8.81

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 12/1/20 419.23 419.23 419.23 419.23 1 -- -- --
Annual 12/1/19 365.78 365.78 365.78 365.78 1 -- -- --
Quarterly 3/1/20 102.04 102.04 102.04 102.04 1 -- -- --
Quarterly 6/1/20 99.75 99.75 99.75 99.75 1 -- -- --
Quarterly 9/1/19 79.08 79.08 79.08 79.08 1 -- -- --
Quarterly 12/1/19 102.89 102.89 102.89 102.89 1 -- -- --

Actuals - Operating Profit

Reported Mean Estimate Surprise % Change

Reference Information - Return On Equity

Last Actual (FY0): 13.61
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 14.30 14.30 14.30 14.30 1 -- -- --
Annual 12/1/20 13.75 14.00 13.50 13.75 2 -- -- --
Annual 12/1/19 13.20 14.60 11.70 13.30 3 -- -- 5.60
Quarterly 3/1/20 14.30 16.10 12.50 14.30 2 -- -- --
Quarterly 6/1/20 13.35 13.40 13.30 13.35 2 -- -- --
Quarterly 9/1/19 11.84 12.18 11.50 11.84 2 -- -- 2.07
Quarterly 12/1/19 13.55 15.40 11.70 13.55 2 -- -- --

Actuals - Return On Equity

Reported Mean Estimate Surprise % Change
Annual 12/1/18 13.61 12.15 1.46
Annual 12/1/17 11.72 11.60 0.12
Annual 12/1/16 11.78 11.23 0.55
Quarterly 6/1/19 13.96 9.75 4.21
Quarterly 3/1/19 16.63 12.55 4.08
Quarterly 12/1/18 16.06 13.65 2.41
Quarterly 9/1/18 11.09 14.69 -3.60

Reference Information - Sales

Last Actual (FY0): 3,828.92
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 4,456.70 4,612.42 4,300.98 4,456.70 2 1 -- 0.00
Annual 12/1/20 4,379.79 4,523.21 4,189.62 4,396.32 10 2 -- 0.61
Annual 12/1/19 3,977.79 4,008.80 3,921.00 3,979.06 10 1 1 -0.05
Quarterly 3/1/20 1,080.11 1,128.15 1,035.24 1,086.35 6 2 -- 0.61
Quarterly 6/1/20 1,058.05 1,101.14 1,021.78 1,052.42 6 2 -- 0.35
Quarterly 9/1/19 975.21 990.70 943.53 976.66 10 -- 1 -0.28
Quarterly 12/1/19 1,022.22 1,047.34 997.23 1,020.51 10 2 -- 0.09

Actuals - Sales

Reported 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 6/1/19 968.14 965.47 0.28
Quarterly 3/1/19 1,012.10 992.22 2.00
Quarterly 12/1/18 993.18 961.32 3.31
Quarterly 9/1/18 953.07 947.75 0.56

Reference Information - Earnings Per Share (Parent)

Last Actual (FY0): --
FY0 End Date:
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 6/1/20 -- -- -- -- -- -- -- --
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

Actuals - Earnings Per Share (Parent)

Reported 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 %: --
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 6/1/20 -- -- -- -- -- -- -- --
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

Actuals - Net Income (Parent)

Reported 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 %: --
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 6/1/20 -- -- -- -- -- -- -- --
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

Actuals - Operating Profit (Parent)

Reported 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 %: --
Yield (%): --

Analyst Forecasts - Sales (Parent)

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change

Actuals - Sales (Parent)

Reported 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 -- -- --
First Call Mean Estimates
Fiscal Year Ending: Dec - Last Changed: 07/14/17

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