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 %: 13.22
Hist (5 Yr) Stability %: 20.15
Yield (%): 0.21

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 4.73 5.06 4.39 4.73 2 -- 1 --
Annual 12/1/19 3.99 4.41 3.75 3.95 8 1 1 -0.19
Annual 12/1/18 3.41 3.48 3.36 3.40 8 1 1 -0.07
Quarterly 9/1/18 0.76 0.80 0.72 0.77 8 -- 1 --
Quarterly 12/1/18 1.00 1.06 0.94 0.99 8 1 1 -0.25
Quarterly 3/1/19 0.94 1.06 0.87 0.93 6 1 1 -0.18
Quarterly 6/1/19 0.97 1.06 0.89 0.97 6 1 1 -0.17
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 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
Quarterly 9/1/17 0.43 0.54 -19.88

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 32.58 32.58 32.58 32.58 1 -- 1 --
Annual 12/1/19 29.63 30.58 28.67 29.63 2 -- 1 --
Annual 12/1/18 26.36 26.89 25.82 26.36 2 -- 2 -0.93
Quarterly 9/1/18 25.48 25.94 25.01 25.48 2 -- 1 --
Quarterly 12/1/18 26.36 26.89 25.82 26.36 2 -- 2 -0.93
Quarterly 3/1/19 26.92 27.74 26.09 26.92 2 -- 1 --
Quarterly 6/1/19 27.79 28.68 26.90 27.79 2 1 -- --

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 6/1/18 25.23 -- --
Quarterly 3/1/18 25.03 -- --
Quarterly 12/1/17 24.42 -- --
Quarterly 9/1/17 22.24 -- --

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

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 9/1/18 0.04 0.05 0.03 0.03 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 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 0.11 -- --
Annual 12/1/16 0.10 -- --
Quarterly 6/1/18 0.03 -- --
Quarterly 3/1/18 0.03 -- --
Quarterly 12/1/17 0.03 -- --
Quarterly 9/1/17 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 12/1/20 408.17 432.32 384.02 408.17 2 1 1 --
Annual 12/1/19 367.10 386.13 349.90 369.00 9 2 2 -0.08
Annual 12/1/18 326.24 328.00 324.48 326.24 2 -- 1 -0.36
Quarterly 9/1/18 70.65 77.00 62.93 71.84 9 1 2 -0.44
Quarterly 12/1/18 92.36 97.10 89.05 91.46 9 3 1 0.31
Quarterly 3/1/19 86.47 94.23 81.72 86.10 7 1 2 -0.75
Quarterly 6/1/19 88.12 92.73 80.07 89.66 7 2 1 0.78

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 6/1/18 79.66 -- --
Quarterly 3/1/18 77.61 -- --
Quarterly 12/1/17 71.05 -- --
Quarterly 9/1/17 52.55 -- --

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 12/1/20 501.12 528.31 473.92 501.12 2 1 1 --
Annual 12/1/19 453.41 488.00 428.30 448.92 8 1 1 -0.20
Annual 12/1/18 394.52 396.64 388.40 396.20 5 -- 1 --
Quarterly 9/1/18 91.44 100.00 84.90 91.47 8 -- 1 --
Quarterly 12/1/18 113.71 117.49 110.30 113.54 8 2 -- 0.10
Quarterly 3/1/19 108.13 118.24 100.60 108.38 6 1 1 -0.69
Quarterly 6/1/19 110.09 118.00 102.13 110.34 6 2 -- 0.73

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 6/1/18 97.01 -- --
Quarterly 3/1/18 94.10 -- --
Quarterly 12/1/17 89.88 -- --
Quarterly 9/1/17 68.10 -- --

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 4.43 4.73 4.12 4.43 2 1 1 --
Annual 12/1/19 3.85 4.08 3.60 3.83 9 1 2 -0.40
Annual 12/1/18 2.93 3.03 2.90 2.90 5 1 1 -0.41
Quarterly 9/1/18 0.72 0.80 0.65 0.72 9 -- 2 --
Quarterly 12/1/18 0.96 1.00 0.91 0.96 9 1 1 -0.23
Quarterly 3/1/19 0.90 0.98 0.87 0.89 7 1 2 -0.95
Quarterly 6/1/19 0.92 0.97 0.82 0.92 7 2 1 0.62

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 6/1/18 0.54 -- --
Quarterly 3/1/18 0.73 -- --
Quarterly 12/1/17 2.46 -- --
Quarterly 9/1/17 0.35 -- --

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

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 12/1/20 298.23 298.23 298.23 298.23 1 1 -- --
Annual 12/1/19 274.83 284.89 267.40 274.00 7 1 2 -0.24
Annual 12/1/18 240.68 243.34 237.90 240.93 6 -- 2 --
Quarterly 9/1/18 53.34 56.00 50.21 53.68 7 -- 2 --
Quarterly 12/1/18 69.69 74.66 66.70 68.34 7 2 1 -0.01
Quarterly 3/1/19 64.09 67.31 61.00 64.94 5 -- 2 --
Quarterly 6/1/19 67.06 71.56 63.50 66.00 5 2 1 1.18

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 6/1/18 59.57 -- --
Quarterly 3/1/18 58.34 -- --
Quarterly 12/1/17 47.00 -- --
Quarterly 9/1/17 31.34 -- --

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

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 14.60 14.60 14.60 14.60 1 -- 1 --
Annual 12/1/19 13.80 14.30 13.30 13.80 2 1 1 --
Annual 12/1/18 12.25 13.00 11.50 12.25 2 1 1 --
Quarterly 9/1/18 14.69 18.00 11.37 14.69 2 -- 1 --
Quarterly 12/1/18 13.65 15.80 11.50 13.65 2 1 -- --
Quarterly 3/1/19 12.85 13.60 12.10 12.85 2 -- 1 --
Quarterly 6/1/19 14.05 14.70 13.40 14.05 2 1 -- --

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 6/1/18 13.61 -- --
Quarterly 3/1/18 3.58 -- --
Quarterly 12/1/17 11.39 -- --
Quarterly 9/1/17 8.05 -- --

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 4,302.32 4,342.17 4,262.47 4,302.32 2 1 1 --
Annual 12/1/19 4,256.17 4,585.00 4,083.15 4,184.80 9 1 2 -0.10
Annual 12/1/18 3,830.52 3,859.00 3,780.30 3,839.00 9 2 1 -0.04
Quarterly 9/1/18 947.75 953.43 936.61 950.36 8 1 1 --
Quarterly 12/1/18 997.65 1,034.00 960.83 1,003.90 8 2 1 -0.16
Quarterly 3/1/19 1,065.35 1,139.00 1,003.93 1,058.96 6 1 2 -0.08
Quarterly 6/1/19 1,048.51 1,120.50 995.80 1,038.81 6 1 2 -0.07

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 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
Quarterly 9/1/17 838.88 825.87 1.58

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

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

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

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

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

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