Earnings Estimates

Stock Information

Price (Prev Close): 110.93
Price - 52 Week High: 124.46
Price - 52 Week Low: 91.00
Price Date (Latest): 1/24/20
Median Price Target: 111.90
Diff from Prev Close: 0.97
% Difference: 0.87

Analyst Ratings

Mean Recommendation:

2.77

Sell

Strong Buy

Reference Information - Earnings Per Share

Last Actual (FY0): 3.27
FY0 End Date: 12/1/18
Ind. Annual Div: 3.60
Hist (5 Yr) Growth %: 15.20
Yield (%): 3.25

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 3.38 3.50 3.30 3.33 5 -- -- -0.52
Annual 12/1/20 3.22 3.33 3.15 3.19 5 -- -- -0.42
Annual 12/1/19 3.06 3.09 3.03 3.05 4 -- -- -0.28
Quarterly 3/1/20 0.76 0.77 0.74 0.76 2 -- -- --
Quarterly 6/1/20 0.80 0.81 0.78 0.80 2 -- -- --
Quarterly 9/1/20 0.84 0.86 0.81 0.84 2 -- -- --
Quarterly 12/1/19 0.80 0.80 0.79 0.80 4 -- -- -0.21

Actuals - Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 3.27 2.88 13.70
Annual 12/1/17 3.70 2.79 32.40
Annual 12/1/16 2.91 2.54 14.57
Quarterly 9/1/19 0.79 0.81 -1.99
Quarterly 6/1/19 0.77 0.75 3.12
Quarterly 3/1/19 0.71 0.69 2.90
Quarterly 12/1/18 0.80 0.76 5.96

Reference Information - Book Value Per Share

Last Actual (FY0): 18.99
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 19.05 20.01 18.08 19.05 2 -- -- 5.34
Annual 12/1/20 18.63 19.16 18.09 18.63 2 -- -- 2.96
Annual 12/1/19 18.31 18.49 18.13 18.31 2 -- -- 0.99

Actuals - Book Value Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 18.99 -- --
Annual 12/1/17 18.66 77.51 -75.93
Annual 12/1/16 17.83 70.31 -74.64

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 12/1/21 4.83 5.33 4.33 4.83 2 -- -- -9.38
Annual 12/1/20 4.68 5.11 4.24 4.68 2 -- -- -8.51
Annual 12/1/19 4.87 4.87 4.87 4.87 1 -- -- --
Quarterly 3/1/20 1.23 1.23 1.23 1.23 1 -- -- --
Quarterly 6/1/20 1.27 1.27 1.27 1.27 1 -- -- --
Quarterly 9/1/20 1.31 1.31 1.31 1.31 1 -- -- --
Quarterly 12/1/19 1.25 1.25 1.25 1.25 1 -- -- --

Actuals - Cash Flow Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/17 4.45 4.46 -0.22
Annual 12/1/16 4.29 4.30 -0.23

Reference Information - Dividend Per Share

Last Actual (FY0): 3.36
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 3.85 4.05 3.60 3.86 6 -- -- -0.18
Annual 12/1/20 3.71 3.79 3.60 3.74 10 -- -- -0.10
Annual 12/1/19 3.56 3.56 3.52 3.56 10 -- -- 0.01
Quarterly 3/1/20 0.90 0.90 0.90 0.90 3 -- -- --
Quarterly 6/1/20 0.94 0.95 0.93 0.94 3 -- -- -0.53
Quarterly 9/1/20 0.94 0.95 0.93 0.94 3 -- -- -0.53
Quarterly 12/1/19 0.90 0.90 0.90 0.90 5 -- -- --

Actuals - Dividend Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 3.36 3.35 0.43
Annual 12/1/17 3.12 3.14 -0.68
Annual 12/1/16 2.93 2.94 -0.40
Quarterly 9/1/19 0.90 0.89 1.12
Quarterly 6/1/19 0.90 0.88 2.27
Quarterly 3/1/19 0.86 0.86 --
Quarterly 12/1/18 0.86 0.84 2.38

Reference Information - EBIT

Last Actual (FY0): 619.70
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 12/1/21 632.33 691.81 531.17 674.00 3 -- -- 3.41
Annual 12/1/20 661.14 673.94 647.00 661.81 4 -- -- -0.71
Annual 12/1/19 626.92 637.18 609.00 630.76 4 -- -- 0.16
Quarterly 3/1/20 158.68 158.68 158.68 158.68 1 -- -- --
Quarterly 6/1/20 167.07 167.07 167.07 167.07 1 -- -- --
Quarterly 9/1/20 171.44 171.44 171.44 171.44 1 -- -- --
Quarterly 12/1/19 165.24 168.07 162.41 165.24 2 -- -- --

Actuals - EBIT

Reported Mean Estimate Surprise % Change
Annual 12/1/18 619.70 584.79 5.97
Annual 12/1/17 541.61 520.86 3.98
Annual 12/1/16 449.84 444.04 1.31
Quarterly 9/1/19 162.64 161.56 0.67
Quarterly 6/1/19 157.99 155.96 1.30
Quarterly 3/1/19 148.48 144.12 3.03
Quarterly 12/1/18 156.68 154.94 1.12

Reference Information - EBITDA

Last Actual (FY0): 828.75
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 12/1/21 909.46 935.00 848.50 927.16 4 -- -- 0.54
Annual 12/1/20 879.53 903.00 816.60 896.00 5 -- -- 0.07
Annual 12/1/19 852.46 858.82 842.00 854.50 4 -- -- -0.02
Quarterly 3/1/20 215.64 215.64 215.64 215.64 1 -- -- --
Quarterly 6/1/20 224.46 224.46 224.46 224.46 1 -- -- --
Quarterly 9/1/20 229.27 229.27 229.27 229.27 1 -- -- --
Quarterly 12/1/19 215.45 224.60 206.30 215.45 2 -- -- --

Actuals - EBITDA

Reported Mean Estimate Surprise % Change
Annual 12/1/18 828.75 799.60 3.65
Annual 12/1/17 734.90 730.65 0.58
Annual 12/1/16 632.40 643.29 -1.69
Quarterly 9/1/19 218.69 213.85 2.26
Quarterly 6/1/19 212.40 214.98 -1.20
Quarterly 3/1/19 203.14 204.21 -0.53
Quarterly 12/1/18 209.80 207.97 0.88

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 3.27
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 3.37 3.40 3.33 3.37 2 -- -- --
Annual 12/1/20 3.23 3.36 3.13 3.21 4 -- -- --
Annual 12/1/19 3.11 3.31 2.99 3.03 3 -- -- --
Quarterly 3/1/20 0.76 0.76 0.76 0.76 1 -- -- --
Quarterly 6/1/20 0.82 0.82 0.82 0.82 1 -- -- --
Quarterly 9/1/20 0.84 0.84 0.84 0.84 1 -- -- --
Quarterly 12/1/19 0.82 0.90 0.79 0.79 4 -- -- -1.11

Actuals - GAAP Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 3.27 3.00 9.18
Annual 12/1/17 3.76 2.82 33.33
Annual 12/1/16 2.91 2.66 9.40
Quarterly 9/1/19 0.83 0.78 5.96
Quarterly 6/1/19 0.81 0.75 7.52
Quarterly 3/1/19 0.74 0.69 7.25
Quarterly 12/1/18 0.80 0.76 5.96

Reference Information - Net Debt

Last Actual (FY0): 4,754.02
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 5,291.01 5,291.01 5,291.01 5,291.01 1 -- -- --
Annual 12/1/20 5,145.24 5,145.24 5,145.24 5,145.24 1 -- -- --
Annual 12/1/19 4,989.26 4,989.26 4,989.26 4,989.26 1 -- -- --

Actuals - Net Debt

Reported Mean Estimate Surprise % Change
Annual 12/1/18 4,754.02 4,211.68 12.88
Annual 12/1/17 4,498.53 4,009.57 12.20
Annual 12/1/16 4,262.37 3,978.40 7.14

Reference Information - Net Income

Last Actual (FY0): 415.29
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 12/1/21 465.90 490.80 445.87 463.41 6 -- -- 0.31
Annual 12/1/20 445.71 458.40 435.75 443.05 6 -- -- -0.03
Annual 12/1/19 418.81 423.60 414.78 417.49 6 -- -- -0.04
Quarterly 3/1/20 104.93 106.80 103.00 104.98 3 -- -- -0.91
Quarterly 6/1/20 110.85 113.60 107.94 111.00 3 -- -- 0.07
Quarterly 9/1/20 116.49 120.90 113.57 115.00 3 -- -- -0.64
Quarterly 12/1/19 109.76 112.80 107.19 109.64 6 -- -- 0.04

Actuals - Net Income

Reported Mean Estimate Surprise % Change
Annual 12/1/18 415.29 404.68 2.62
Annual 12/1/17 470.91 368.24 27.88
Annual 12/1/16 366.13 338.02 8.31
Quarterly 9/1/19 108.09 108.89 -0.74
Quarterly 6/1/19 104.83 105.14 -0.29
Quarterly 3/1/19 94.77 91.72 3.32
Quarterly 12/1/18 101.46 101.28 0.18

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 12/1/20 507.23 507.23 507.23 507.23 1 -- -- --
Annual 12/1/19 482.28 482.28 482.28 482.28 1 -- -- --

Actuals - Operating Profit

Reported Mean Estimate Surprise % Change

Reference Information - Return On Equity

Last Actual (FY0): 17.43
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 17.62 18.24 17.00 17.62 2 -- -- -3.40
Annual 12/1/20 17.61 18.40 17.00 17.42 3 -- -- -1.69
Annual 12/1/19 13.67 17.00 3.97 16.86 4 -- -- 8.26

Actuals - Return On Equity

Reported Mean Estimate Surprise % Change
Annual 12/1/18 17.43 16.58 0.86
Annual 12/1/17 20.49 11.69 8.80
Annual 12/1/16 16.90 11.84 5.06

Reference Information - Sales

Last Actual (FY0): 1,039.34
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 1,254.00 1,349.69 1,197.00 1,234.00 5 -- -- -1.12
Annual 12/1/20 1,191.42 1,227.66 1,169.00 1,187.67 6 -- -- -0.37
Annual 12/1/19 1,131.01 1,136.02 1,126.77 1,130.89 6 -- -- -0.02
Quarterly 3/1/20 290.29 295.27 287.00 289.44 4 -- -- -0.38
Quarterly 6/1/20 296.85 305.24 292.00 295.08 4 -- -- -0.54
Quarterly 9/1/20 304.25 312.96 297.00 303.51 4 -- -- -0.79
Quarterly 12/1/19 289.61 294.51 285.26 289.64 6 -- -- -0.04

Actuals - Sales

Reported Mean Estimate Surprise % Change
Annual 12/1/18 1,039.34 1,038.39 0.09
Annual 12/1/17 967.23 963.84 0.35
Annual 12/1/16 864.74 869.37 -0.53
Quarterly 9/1/19 290.92 291.07 -0.05
Quarterly 6/1/19 279.58 300.83 -7.06
Quarterly 3/1/19 271.00 279.39 -3.00
Quarterly 12/1/18 266.60 273.80 -2.63

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

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

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

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 -- -- --

P/E Ratios

Fiscal Year FY0 FY1 FY2
Ratios 33.92 36.31 34.40

EPS Growth Rates

Fiscal YOY FY1/FY0 FY2/FY1 FY3/FY2
Growth Rate 6.24 5.54 4.83

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