Earnings Estimates

Analyst Ratings

Mean Recommendation:

2.89

Sell

Strong Buy

Reference Information - Earnings Per Share

Last Actual (FY0): 1.69
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: 0.04
Hist (5 Yr) Stability %: 91.04
Yield (%): --

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 2.45 3.35 1.83 2.30 4 1 1 13.18
Annual 12/1/19 2.38 2.92 1.92 2.37 5 1 1 6.40
Annual 12/1/18 2.83 3.26 2.45 2.81 4 1 -- 3.09
Quarterly 12/1/18 0.74 1.17 0.40 0.69 4 1 -- --
Quarterly 3/1/19 0.62 0.83 0.50 0.52 3 -- 1 --
Quarterly 6/1/19 0.75 0.98 0.52 0.76 3 1 -- --
Quarterly 9/1/19 0.65 0.73 0.51 0.70 3 1 -- --
Long Term Growth 20.00 20.00 20.00 20.00 1 -- -- --

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 1.69 1.51 11.74
Annual 12/1/16 1.60 1.65 -2.86
Annual 12/1/15 2.93 2.55 14.85
Quarterly 9/1/18 1.09 0.44 145.50
Quarterly 6/1/18 0.26 0.27 -2.28
Quarterly 3/1/18 0.72 0.47 54.02
Quarterly 12/1/17 1.01 0.96 5.48

Reference Information - Book Value Per Share

Last Actual (FY0): 17.83
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 21.28 24.17 18.39 21.28 2 2 -- --
Annual 12/1/19 19.63 22.43 17.08 19.38 3 2 -- --
Annual 12/1/18 18.32 20.35 16.05 18.56 3 2 -- --
Quarterly 12/1/18 18.21 20.35 16.07 18.21 2 1 -- 6.33
Quarterly 3/1/19 16.56 16.56 16.56 16.56 1 1 -- --
Quarterly 6/1/19 16.90 16.90 16.90 16.90 1 1 -- --
Quarterly 9/1/19 17.03 17.03 17.03 17.03 1 1 -- --

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 17.83 -- --
Annual 12/1/16 15.81 -- --
Annual 12/1/15 14.85 -- --
Quarterly 9/1/18 19.84 -- --
Quarterly 6/1/18 18.21 -- --
Quarterly 3/1/18 18.88 -- --
Quarterly 12/1/17 17.83 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 3.31
FY0 End Date: 12/1/17
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 3.32 3.75 2.88 3.32 2 2 -- --
Annual 12/1/19 4.15 5.71 2.60 4.15 2 2 -- --
Annual 12/1/18 5.90 10.46 3.42 3.81 3 2 -- --
Quarterly 12/1/18 0.89 0.89 0.89 0.89 1 1 -- --
Quarterly 3/1/19 0.90 0.90 0.90 0.90 1 1 -- --
Quarterly 6/1/19 0.72 0.72 0.72 0.72 1 1 -- --
Quarterly 9/1/19 0.53 0.53 0.53 0.53 1 1 -- --

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 3.31 0.98 237.60
Annual 12/1/16 -4.79 -6.76 29.14
Annual 12/1/15 6.85 4.85 41.38

Reference Information - Dividend Per Share

Last Actual (FY0): --
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 -- -- -- -- 4 -- -- --
Annual 12/1/19 -- -- -- -- 4 -- -- --
Annual 12/1/18 -- -- -- -- 4 -- -- --
Quarterly 12/1/18 -- -- -- -- 2 -- -- --
Quarterly 3/1/19 -- -- -- -- 2 -- -- --
Quarterly 6/1/19 -- -- -- -- 2 -- -- --
Quarterly 9/1/19 -- -- -- -- 2 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 -- -- --
Annual 12/1/16 -- -- --
Annual 12/1/15 -- -- --
Quarterly 9/1/18 -- -- --
Quarterly 6/1/18 -- -- --
Quarterly 3/1/18 -- -- --
Quarterly 12/1/17 -- -- --

Reference Information - EBIT

Last Actual (FY0): 269.35
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 12/1/20 277.36 459.00 178.60 235.93 4 1 -- --
Annual 12/1/19 219.91 284.49 134.00 245.50 6 1 -- --
Annual 12/1/18 277.12 309.12 236.46 286.00 5 1 -- --
Quarterly 12/1/18 64.56 79.00 57.90 60.67 4 4 -- 9.27
Quarterly 3/1/19 52.32 55.64 49.00 52.32 2 1 1 -48.22
Quarterly 6/1/19 54.57 65.00 44.14 54.57 2 2 -- 14.21
Quarterly 9/1/19 45.08 61.00 29.17 45.08 2 2 -- -12.58

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 269.35 -- --
Annual 12/1/16 137.29 -- --
Annual 12/1/15 247.37 -- --
Quarterly 9/1/18 95.90 -- --
Quarterly 6/1/18 53.94 -- --
Quarterly 3/1/18 78.25 -- --
Quarterly 12/1/17 130.16 -- --

Reference Information - EBITDA

Last Actual (FY0): 468.62
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 12/1/20 385.04 482.00 277.27 395.85 3 1 -- --
Annual 12/1/19 364.85 459.00 250.04 375.17 4 1 -- --
Annual 12/1/18 401.12 430.00 334.91 419.78 4 1 -- --
Quarterly 12/1/18 97.50 107.00 88.00 97.50 2 2 -- 9.88
Quarterly 3/1/19 88.15 96.00 80.30 88.15 2 1 1 -14.24
Quarterly 6/1/19 93.41 118.00 68.81 93.41 2 2 -- 24.70
Quarterly 9/1/19 82.92 112.00 53.84 82.92 2 2 -- 10.34

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 468.62 -- --
Annual 12/1/16 233.14 -- --
Annual 12/1/15 347.57 -- --
Quarterly 9/1/18 128.40 -- --
Quarterly 6/1/18 84.14 -- --
Quarterly 3/1/18 112.75 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 1.69
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 2.10 3.35 1.13 1.83 3 3 -- --
Annual 12/1/19 2.02 2.92 0.86 2.15 4 4 -- 21.34
Annual 12/1/18 2.58 2.70 2.45 2.58 2 2 -- 27.28
Quarterly 12/1/18 0.56 0.73 0.40 0.55 4 4 -- 31.04
Quarterly 3/1/19 0.49 0.52 0.45 0.50 3 2 1 -9.42
Quarterly 6/1/19 0.52 0.76 0.29 0.52 3 3 -- 43.08
Quarterly 9/1/19 0.51 0.73 0.11 0.70 3 3 -- 29.91

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 1.69 -- --
Annual 12/1/16 1.12 -- --
Annual 12/1/15 2.93 -- --
Quarterly 9/1/18 1.09 -- --
Quarterly 6/1/18 0.26 -- --
Quarterly 3/1/18 0.72 -- --
Quarterly 12/1/17 1.01 -- --

Reference Information - Net Debt

Last Actual (FY0): 1,926.89
FY0 End Date: 12/1/17
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 1,150.77 1,520.00 1,014.00 1,034.54 4 1 -- --
Annual 12/1/19 1,178.83 1,337.00 1,032.23 1,173.05 4 1 -- --
Annual 12/1/18 1,248.90 1,507.00 979.23 1,254.68 4 1 -- --
Quarterly 12/1/18 1,230.41 1,507.00 979.23 1,205.00 3 -- 1 -11.62
Quarterly 3/1/19 1,037.32 1,137.00 937.63 1,037.32 2 -- 1 --
Quarterly 6/1/19 916.65 1,007.00 826.30 916.65 2 -- 1 --
Quarterly 9/1/19 992.59 1,159.00 826.19 992.59 2 -- 1 --

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 1,926.89 1,475.91 30.56
Annual 12/1/16 1,923.12 2,213.22 -13.11
Annual 12/1/15 1,360.07 2,114.45 -35.68
Quarterly 9/1/18 1,605.69 1,280.92 25.35
Quarterly 6/1/18 1,896.09 1,497.24 26.64
Quarterly 3/1/18 1,618.35 346.56 366.98
Quarterly 12/1/17 1,926.89 1,623.41 18.69

Reference Information - Net Income

Last Actual (FY0): 99.57
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 12/1/20 155.28 194.00 114.00 157.83 3 1 -- --
Annual 12/1/19 152.49 177.00 120.40 156.28 4 1 -- --
Annual 12/1/18 171.74 201.75 150.20 167.50 4 1 -- --
Quarterly 12/1/18 36.23 45.00 24.70 39.00 3 3 -- 28.31
Quarterly 3/1/19 31.00 31.00 31.00 31.00 1 -- 1 -3.23
Quarterly 6/1/19 46.00 46.00 46.00 46.00 1 1 -- 38.26
Quarterly 9/1/19 42.00 42.00 42.00 42.00 1 1 -- 18.69

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 99.57 -- --
Annual 12/1/16 92.74 -- --
Annual 12/1/15 171.86 -- --
Quarterly 9/1/18 66.54 -- --
Quarterly 6/1/18 15.57 -- --
Quarterly 3/1/18 43.38 -- --
Quarterly 12/1/17 61.40 -- --

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): 10.39
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 9.19 13.00 6.76 7.80 3 3 -- --
Annual 12/1/19 8.27 13.40 3.10 8.29 4 3 -- --
Annual 12/1/18 12.70 14.80 7.40 14.30 4 3 -- --
Quarterly 12/1/18 10.97 12.90 7.50 12.51 3 2 -- --
Quarterly 3/1/19 10.96 12.01 9.90 10.96 2 2 -- --
Quarterly 6/1/19 10.97 14.20 7.74 10.97 2 2 -- --
Quarterly 9/1/19 7.65 12.60 2.69 7.65 2 2 -- --

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 10.39 -- --
Annual 12/1/16 10.89 -- --
Annual 12/1/15 22.38 -- --
Quarterly 9/1/18 5.98 -- --
Quarterly 6/1/18 5.74 -- --
Quarterly 3/1/18 16.24 -- --
Quarterly 12/1/17 6.15 -- --

Reference Information - Sales

Last Actual (FY0): 3,390.39
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 3,860.51 4,257.00 3,650.00 3,674.52 3 1 -- --
Annual 12/1/19 3,921.16 4,194.00 3,645.00 3,922.82 4 1 -- --
Annual 12/1/18 3,604.41 3,637.00 3,525.70 3,627.48 4 1 -- --
Quarterly 12/1/18 761.19 794.00 682.30 784.24 4 1 -- --
Quarterly 3/1/19 890.21 899.42 881.00 890.21 2 -- 1 --
Quarterly 6/1/19 1,051.65 1,113.30 990.00 1,051.65 2 2 -- 8.18
Quarterly 9/1/19 1,021.33 1,084.00 958.67 1,021.33 2 1 -- --

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 3,390.39 3,424.16 -0.99
Annual 12/1/16 2,853.08 2,926.08 -2.49
Annual 12/1/15 3,467.63 3,381.94 2.53
Quarterly 9/1/18 767.97 809.40 -5.12
Quarterly 6/1/18 650.59 683.43 -4.81
Quarterly 3/1/18 1,424.91 1,330.04 7.13
Quarterly 12/1/17 1,108.76 1,142.70 -2.97

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 -- -- --