Earnings Estimates

Stock Information

Price (Prev Close): 92.35
Price - 52 Week High: 101.96
Price - 52 Week Low: 77.53
Price Date (Latest): 1/23/19
Median Price Target: 97.08
Diff from Prev Close: 4.73
% Difference: 5.12

Analyst Ratings

Mean Recommendation:

2.57

Sell

Strong Buy

Reference Information - Earnings Per Share

Last Actual (FY0): 3.70
FY0 End Date: 12/1/17
Ind. Annual Div: 3.14
Hist (5 Yr) Growth %: 27.51
Hist (5 Yr) Stability %: 42.67
Yield (%): 3.40

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 3.25 3.36 3.10 3.30 3 1 1 3.33
Annual 12/1/19 3.09 3.20 3.01 3.08 4 1 1 1.17
Annual 12/1/18 2.88 2.88 2.87 2.88 2 -- -- -0.39
Quarterly 12/1/18 0.76 0.76 0.75 0.76 2 1 1 0.22
Quarterly 3/1/19 0.69 0.69 0.69 0.69 1 1 -- --
Quarterly 6/1/19 0.74 0.74 0.74 0.74 1 1 -- --
Quarterly 9/1/19 0.81 0.81 0.81 0.81 1 1 -- --
Long Term Growth 5.40 5.40 5.40 5.40 1 -- -- --

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 3.70 2.79 32.40
Annual 12/1/16 2.91 2.54 14.57
Annual 12/1/15 1.56 1.79 -12.69
Quarterly 9/1/18 1.02 0.75 35.40
Quarterly 6/1/18 0.75 0.69 8.17
Quarterly 3/1/18 0.70 0.65 7.28
Quarterly 12/1/17 1.63 0.70 134.53

Reference Information - Book Value Per Share

Last Actual (FY0): 18.66
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 17.78 17.78 17.78 17.78 1 1 -- --
Annual 12/1/19 17.71 17.71 17.71 17.71 1 1 -- --
Annual 12/1/18 78.74 78.74 78.74 78.74 1 -- -- --
Quarterly 12/1/18 78.74 78.74 78.74 78.74 1 -- -- --

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 18.66 -- --
Annual 12/1/16 17.83 -- --
Annual 12/1/15 16.83 -- --
Quarterly 9/1/18 18.94 -- --
Quarterly 6/1/18 18.57 -- --
Quarterly 3/1/18 18.59 -- --
Quarterly 12/1/17 18.66 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 4.45
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 5.30 5.30 5.30 5.30 1 -- -- --
Annual 12/1/19 5.01 5.01 5.01 5.01 1 -- -- --
Annual 12/1/18 4.73 4.73 4.73 4.73 1 -- -- --
Quarterly 12/1/18 1.24 1.24 1.24 1.24 1 -- -- --
Quarterly 3/1/19 1.19 1.19 1.19 1.19 1 -- -- --
Quarterly 6/1/19 1.24 1.24 1.24 1.24 1 -- -- --
Quarterly 9/1/19 1.28 1.28 1.28 1.28 1 -- -- --

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 4.45 4.46 -0.22
Annual 12/1/16 4.29 4.30 -0.23
Annual 12/1/15 3.02 2.87 5.23
Quarterly 3/1/18 1.29 1.12 15.18
Quarterly 12/1/17 1.10 1.12 -1.79

Reference Information - Dividend Per Share

Last Actual (FY0): 3.12
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 3.66 4.07 3.28 3.75 7 -- -- --
Annual 12/1/19 3.54 3.77 3.20 3.57 10 1 -- 0.09
Annual 12/1/18 3.35 3.44 3.12 3.36 11 -- -- 0.04
Quarterly 12/1/18 0.84 0.86 0.78 0.86 4 1 -- --
Quarterly 3/1/19 0.83 0.86 0.80 0.83 2 -- -- --
Quarterly 6/1/19 0.85 0.90 0.80 0.85 2 -- -- --
Quarterly 9/1/19 0.85 0.90 0.80 0.85 2 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 3.12 -- --
Annual 12/1/16 2.93 -- --
Annual 12/1/15 2.24 -- --
Quarterly 9/1/18 0.86 -- --
Quarterly 6/1/18 0.86 -- --
Quarterly 3/1/18 0.78 -- --
Quarterly 12/1/17 0.78 -- --

Reference Information - EBIT

Last Actual (FY0): 541.61
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 12/1/20 574.18 667.60 515.28 539.66 3 1 -- --
Annual 12/1/19 615.68 634.00 567.44 626.28 5 1 -- --
Annual 12/1/18 584.79 588.39 579.00 586.00 5 1 2 0.18
Quarterly 12/1/18 154.94 156.17 153.70 154.95 3 -- 2 -0.65
Quarterly 3/1/19 146.36 151.28 143.61 144.20 3 1 -- --
Quarterly 6/1/19 153.60 157.40 148.73 154.66 3 1 -- --
Quarterly 9/1/19 160.80 165.10 154.73 162.58 3 1 -- --

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 541.61 -- --
Annual 12/1/16 449.84 -- --
Annual 12/1/15 294.66 -- --
Quarterly 9/1/18 153.59 -- --
Quarterly 6/1/18 144.72 -- --
Quarterly 3/1/18 133.91 -- --
Quarterly 12/1/17 141.11 -- --

Reference Information - EBITDA

Last Actual (FY0): 734.90
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 12/1/20 919.57 938.49 906.00 916.90 4 -- 1 1.13
Annual 12/1/19 857.29 869.00 833.09 860.94 6 1 -- --
Annual 12/1/18 798.18 817.20 791.04 795.56 6 1 3 1.35
Quarterly 12/1/18 206.48 207.97 204.98 206.48 2 1 1 1.20
Quarterly 3/1/19 204.34 204.38 204.30 204.34 2 1 -- --
Quarterly 6/1/19 207.81 213.70 201.91 207.81 2 1 -- --
Quarterly 9/1/19 214.15 220.30 207.99 214.15 2 1 -- --

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 734.90 -- --
Annual 12/1/16 632.40 -- --
Annual 12/1/15 428.11 -- --
Quarterly 9/1/18 205.87 -- --
Quarterly 6/1/18 196.61 -- --
Quarterly 3/1/18 185.66 -- --
Quarterly 12/1/17 190.27 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 3.76
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 3.06 3.10 3.01 3.06 2 -- 1 --
Annual 12/1/19 3.07 3.20 2.92 3.07 5 1 -- --
Annual 12/1/18 2.99 3.11 2.88 2.99 3 -- -- --
Quarterly 12/1/18 0.76 0.77 0.75 0.76 3 -- -- --
Quarterly 3/1/19 0.74 0.74 0.74 0.74 1 1 -- --
Quarterly 6/1/19 0.72 0.72 0.72 0.72 1 1 -- --
Quarterly 9/1/19 0.76 0.76 0.76 0.76 1 1 -- --

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 3.76 -- --
Annual 12/1/16 2.91 -- --
Annual 12/1/15 1.56 -- --
Quarterly 9/1/18 1.02 -- --
Quarterly 6/1/18 0.75 -- --
Quarterly 3/1/18 0.70 -- --
Quarterly 12/1/17 1.69 -- --

Reference Information - Net Debt

Last Actual (FY0): 4,498.53
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 4,294.88 4,590.22 3,999.55 4,294.88 2 -- 2 -10.08
Annual 12/1/19 4,264.91 4,697.28 3,832.54 4,264.91 2 -- 2 -5.64
Annual 12/1/18 4,211.68 4,788.15 3,635.22 4,211.68 2 -- 2 -1.19
Quarterly 12/1/18 4,820.96 4,820.96 4,820.96 4,820.96 1 -- -- --
Quarterly 3/1/19 4,870.97 4,870.97 4,870.97 4,870.97 1 -- -- --
Quarterly 6/1/19 4,911.21 4,911.21 4,911.21 4,911.21 1 -- -- --
Quarterly 9/1/19 4,915.50 4,915.50 4,915.50 4,915.50 1 -- -- --

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 4,498.53 4,009.57 12.20
Annual 12/1/16 4,262.37 3,978.40 7.14
Annual 12/1/15 3,459.82 3,376.79 2.46
Quarterly 9/1/18 4,716.08 4,763.62 -1.00
Quarterly 3/1/18 4,478.84 4,525.55 -1.03
Quarterly 12/1/17 4,498.53 4,396.68 2.32

Reference Information - Net Income

Last Actual (FY0): 470.91
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 12/1/20 386.79 434.80 293.05 409.65 4 2 1 -1.13
Annual 12/1/19 398.44 430.00 335.45 408.50 6 4 1 0.08
Annual 12/1/18 404.68 417.61 381.71 413.98 6 3 -- 3.12
Quarterly 12/1/18 101.28 103.78 99.83 100.75 4 1 3 -0.45
Quarterly 3/1/19 91.72 93.20 89.36 92.60 3 -- 2 -0.96
Quarterly 6/1/19 100.55 103.40 95.64 102.61 3 1 1 -0.67
Quarterly 9/1/19 107.61 110.13 104.61 108.10 3 2 -- 1.27

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 470.91 -- --
Annual 12/1/16 366.13 -- --
Annual 12/1/15 189.47 -- --
Quarterly 9/1/18 130.42 -- --
Quarterly 6/1/18 95.15 -- --
Quarterly 3/1/18 88.26 -- --
Quarterly 12/1/17 207.88 -- --

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 12/1/19 549.80 626.00 473.59 549.80 2 1 -- --
Annual 12/1/18 512.08 571.00 453.15 512.08 2 -- 1 --

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): 20.49
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 18.93 18.93 18.93 18.93 1 1 -- --
Annual 12/1/19 18.36 19.40 17.31 18.36 2 1 -- --
Annual 12/1/18 16.58 16.90 16.25 16.58 2 1 -- --
Quarterly 12/1/18 19.05 19.05 19.05 19.05 1 -- -- --
Quarterly 3/1/19 17.95 17.95 17.95 17.95 1 -- -- --
Quarterly 6/1/19 18.95 18.95 18.95 18.95 1 -- -- --
Quarterly 9/1/19 19.85 19.85 19.85 19.85 1 -- -- --

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 20.49 -- --
Annual 12/1/16 16.90 -- --
Annual 12/1/15 9.90 -- --
Quarterly 3/1/18 15.04 -- --
Quarterly 12/1/17 9.11 -- --

Reference Information - Sales

Last Actual (FY0): 967.23
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 1,156.56 1,200.38 1,110.40 1,164.00 5 1 1 0.07
Annual 12/1/19 1,100.53 1,144.12 1,080.60 1,098.55 7 1 -- --
Annual 12/1/18 1,039.27 1,044.47 1,035.60 1,038.79 7 1 3 -0.02
Quarterly 12/1/18 267.12 271.73 264.20 266.65 6 3 3 -0.00
Quarterly 3/1/19 267.81 274.91 262.50 266.51 5 -- 1 --
Quarterly 6/1/19 273.49 283.91 266.86 272.18 5 1 -- --
Quarterly 9/1/19 280.97 292.99 273.37 279.00 5 1 -- --

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 967.23 963.84 0.35
Annual 12/1/16 864.74 869.37 -0.53
Annual 12/1/15 676.14 664.45 1.76
Quarterly 9/1/18 266.73 271.05 -1.60
Quarterly 6/1/18 258.13 260.98 -1.09
Quarterly 3/1/18 247.89 254.24 -2.50
Quarterly 12/1/17 246.35 247.50 -0.46

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 -- -- --

P/E Ratios

P/E Ratios Company Industry Ind. Relative
FY0 29.85 24.70 1.21
FY1 28.39 23.09 1.23
FY2 28.59 23.14 1.24

EPS Growth Rates

Growth Rates Company Industry Ind. Relative
FY1/FY0 7.57 6.28 1.01
FY2/FY1 5.15 6.24 0.99
FY3/FY2 5.15 6.24 0.99

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