Earnings Estimates

Earnings Estimates

Analyst Ratings

Mean Recommendation:

2.18

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 18.33
FY0 End Date: 12/1/17
Ind. Annual Div: 2.09
Hist (5 Yr) Growth %: 15.11
Hist (5 Yr) Stability %: 8.62
Yield (%): 0.84

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 28.74 29.88 23.60 29.05 15 -- 1 0.13
Annual 12/1/19 25.72 26.65 24.24 25.85 27 1 1 0.07
Annual 12/1/18 22.74 23.20 21.91 22.75 27 -- 2 -0.05
Quarterly 9/1/18 6.27 6.90 5.31 6.25 26 -- 2 -0.28
Quarterly 12/1/18 7.04 7.45 6.28 7.09 26 1 1 0.08
Quarterly 3/1/19 5.59 7.14 4.84 5.53 20 1 -- -0.17
Quarterly 6/1/19 5.74 6.25 5.22 5.75 20 -- 1 -0.07
Long Term Growth 12.58 14.20 10.00 13.55 3 -- 1 6.42

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 18.33 18.10 1.26
Annual 12/1/16 16.92 16.91 0.04
Annual 12/1/15 15.05 15.03 0.14
Quarterly 6/1/18 5.01 4.64 7.89
Quarterly 3/1/18 4.44 4.17 6.49
Quarterly 12/1/17 5.24 5.00 4.83
Quarterly 9/1/17 5.35 5.04 6.16

Reference Information - Book Value Per Share

Last Actual (FY0): 33.55
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 92.67 112.16 78.35 87.49 3 -- 1 --
Annual 12/1/19 63.65 66.68 60.61 63.65 2 1 1 --
Annual 12/1/18 49.29 53.03 45.99 48.86 3 -- 1 --
Quarterly 9/1/18 42.48 43.63 41.32 42.48 2 1 1 --
Quarterly 12/1/18 47.42 48.86 45.97 47.42 2 1 1 --
Quarterly 3/1/19 52.58 52.58 52.58 52.58 1 1 -- --
Quarterly 6/1/19 56.39 56.39 56.39 56.39 1 1 -- --

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 33.55 -- --
Annual 12/1/16 28.69 -- --
Annual 12/1/15 32.90 -- --
Quarterly 6/1/18 38.25 -- --
Quarterly 3/1/18 36.13 -- --
Quarterly 12/1/17 33.55 -- --
Quarterly 9/1/17 28.72 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 46.68
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 45.93 66.66 30.07 41.05 3 1 -- --
Annual 12/1/19 46.73 59.68 27.18 50.04 4 1 -- --
Annual 12/1/18 46.54 56.50 24.38 52.63 4 1 -- --
Quarterly 9/1/18 13.51 13.51 13.51 13.51 1 1 -- --
Quarterly 12/1/18 16.97 16.97 16.97 16.97 1 1 -- --
Quarterly 3/1/19 13.06 13.06 13.06 13.06 1 1 -- --
Quarterly 6/1/19 13.09 13.09 13.09 13.09 1 -- 1 --

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 46.68 40.49 15.28
Annual 12/1/16 35.45 29.78 19.05
Annual 12/1/15 26.12 23.29 12.16
Quarterly 6/1/18 12.13 12.63 -3.99
Quarterly 3/1/18 11.67 12.43 -6.14
Quarterly 12/1/17 14.93 21.16 -29.45
Quarterly 9/1/17 13.40 13.80 -2.88

Reference Information - Dividend Per Share

Last Actual (FY0): 2.08
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 2.35 2.68 2.28 2.28 6 -- -- 2.84
Annual 12/1/19 2.32 2.52 2.23 2.28 9 1 -- --
Annual 12/1/18 2.29 2.40 2.23 2.28 9 1 -- --
Quarterly 9/1/18 0.57 0.57 0.57 0.57 6 1 -- --
Quarterly 12/1/18 0.57 0.57 0.57 0.57 6 1 -- --
Quarterly 3/1/19 0.59 0.62 0.57 0.57 3 -- -- --
Quarterly 6/1/19 0.59 0.62 0.57 0.57 3 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 2.08 -- --
Annual 12/1/16 0.52 -- --
Annual 12/1/15 -- -- --
Quarterly 6/1/18 0.57 -- --
Quarterly 3/1/18 0.57 -- --
Quarterly 12/1/17 0.52 -- --
Quarterly 9/1/17 0.52 -- --

Reference Information - EBIT

Last Actual (FY0): 2,035.10
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 2,395.03 2,592.81 2,201.00 2,417.55 6 -- -- -1.53
Annual 12/1/19 2,216.47 2,299.92 2,173.30 2,176.20 3 -- -- 1.88
Annual 12/1/18 1,934.06 1,956.81 1,911.30 1,934.06 2 -- -- 1.18
Quarterly 9/1/18 530.83 545.65 516.00 530.83 2 -- -- 2.79
Quarterly 12/1/18 580.53 613.06 548.00 580.53 2 -- -- 5.60
Quarterly 3/1/19 486.32 490.73 481.90 486.32 2 -- -- --
Quarterly 6/1/19 506.70 515.19 498.20 506.70 2 -- -- --

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 2,035.10 -- --
Annual 12/1/16 1,687.00 -- --
Annual 12/1/15 1,767.90 -- --
Quarterly 6/1/18 514.50 -- --
Quarterly 3/1/18 477.30 -- --
Quarterly 12/1/17 551.00 -- --
Quarterly 9/1/17 574.80 -- --

Reference Information - EBITDA

Last Actual (FY0): 2,218.20
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 2,954.07 3,237.00 2,511.00 2,983.90 8 -- -- -2.14
Annual 12/1/19 2,762.23 2,865.00 2,629.16 2,765.91 12 -- 1 -0.09
Annual 12/1/18 2,477.72 2,551.00 2,388.28 2,476.59 12 -- 1 -0.04
Quarterly 9/1/18 668.66 707.00 652.00 662.00 11 -- 1 -0.23
Quarterly 12/1/18 733.34 757.00 662.38 737.40 11 -- 1 -0.11
Quarterly 3/1/19 615.34 645.90 570.00 623.50 9 -- 1 0.62
Quarterly 6/1/19 635.64 681.00 594.20 636.00 9 -- 1 -0.12

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 2,218.20 -- --
Annual 12/1/16 2,095.80 -- --
Annual 12/1/15 1,909.90 -- --
Quarterly 6/1/18 563.10 -- --
Quarterly 3/1/18 525.00 -- --
Quarterly 12/1/17 597.50 -- --
Quarterly 9/1/17 621.50 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 14.10
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 23.62 25.55 21.88 23.44 10 1 1 -0.06
Annual 12/1/19 19.98 23.51 18.27 19.84 19 -- 2 0.16
Annual 12/1/18 17.31 19.19 16.15 17.32 19 -- 2 -0.04
Quarterly 9/1/18 4.91 5.62 4.37 4.88 18 -- 2 -0.57
Quarterly 12/1/18 5.66 6.73 4.68 5.68 18 1 1 0.24
Quarterly 3/1/19 4.15 4.93 3.51 4.09 12 1 -- -0.24
Quarterly 6/1/19 4.39 5.31 3.78 4.37 12 -- 1 -0.08

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 14.10 -- --
Annual 12/1/16 7.34 -- --
Annual 12/1/15 8.82 -- --
Quarterly 6/1/18 3.93 -- --
Quarterly 3/1/18 2.95 -- --
Quarterly 12/1/17 4.88 -- --
Quarterly 9/1/17 4.20 -- --

Reference Information - Net Debt

Last Actual (FY0): 10,696.90
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 5,853.60 10,215.20 1,492.00 5,853.60 2 1 -- --
Annual 12/1/19 6,017.25 9,707.50 2,327.00 6,017.25 2 1 -- --
Annual 12/1/18 6,088.95 9,470.90 2,707.00 6,088.95 2 1 -- --
Quarterly 9/1/18 606.00 606.00 606.00 606.00 1 -- -- --
Quarterly 12/1/18 -653.00 -653.00 -653.00 -653.00 1 -- -- --

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 10,696.90 7,401.80 44.52
Annual 12/1/16 10,697.60 6,356.97 68.28
Annual 12/1/15 10,387.70 7,747.53 34.08
Quarterly 6/1/18 10,114.50 625.00 1,518.32
Quarterly 3/1/18 10,661.20 432.00 2,367.87
Quarterly 12/1/17 10,696.90 -554.00 2,030.85
Quarterly 9/1/17 9,782.70 1,202.00 713.87

Reference Information - Net Income

Last Actual (FY0): 1,024.80
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 1,496.03 1,665.30 1,104.00 1,536.15 14 -- -- --
Annual 12/1/19 1,400.30 1,511.17 1,310.44 1,390.20 21 1 1 -0.00
Annual 12/1/18 1,257.41 1,287.00 1,210.79 1,255.47 20 -- 1 -0.04
Quarterly 9/1/18 347.90 359.00 331.00 349.30 19 -- 1 -0.57
Quarterly 12/1/18 389.11 413.00 340.52 393.00 19 1 -- 0.26
Quarterly 3/1/19 300.08 335.70 274.90 294.10 13 -- -- --
Quarterly 6/1/19 313.65 339.16 277.80 319.28 13 -- -- --

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 1,024.80 -- --
Annual 12/1/16 996.00 -- --
Annual 12/1/15 937.40 -- --
Quarterly 6/1/18 277.77 -- --
Quarterly 3/1/18 247.20 -- --
Quarterly 12/1/17 291.10 -- --
Quarterly 9/1/17 297.60 -- --

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 1,347.00 1,347.00 1,347.00 1,347.00 1 -- 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): 58.33
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 36.17 45.20 26.10 36.69 4 2 -- --
Annual 12/1/19 39.54 51.10 32.00 35.30 6 2 -- --
Annual 12/1/18 42.64 58.00 10.20 43.70 7 2 -- --
Quarterly 9/1/18 56.93 73.09 46.60 51.10 3 -- 2 -13.53
Quarterly 12/1/18 52.69 63.07 45.20 49.80 3 2 -- 0.88
Quarterly 3/1/19 53.25 53.25 53.25 53.25 1 1 -- 3.40
Quarterly 6/1/19 52.74 52.74 52.74 52.74 1 1 -- 6.43

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 58.33 -- --
Annual 12/1/16 54.28 -- --
Annual 12/1/15 42.54 -- --
Quarterly 6/1/18 53.93 -- --
Quarterly 3/1/18 51.28 -- --
Quarterly 12/1/17 67.52 -- --
Quarterly 9/1/17 78.88 -- --

Reference Information - Sales

Last Actual (FY0): 7,719.40
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 9,595.35 10,008.00 9,288.80 9,571.30 14 -- -- --
Annual 12/1/19 8,824.74 9,107.10 8,400.45 8,828.50 24 1 -- --
Annual 12/1/18 8,106.53 8,236.80 7,853.60 8,123.10 23 1 -- --
Quarterly 9/1/18 2,039.06 2,115.67 1,926.11 2,043.00 21 1 -- --
Quarterly 12/1/18 2,280.68 2,362.10 2,139.19 2,285.00 21 -- 1 --
Quarterly 3/1/19 2,053.84 2,102.70 1,988.10 2,049.00 15 1 -- --
Quarterly 6/1/19 2,067.46 2,132.80 2,000.00 2,087.00 15 1 -- --

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 7,719.40 7,764.82 -0.58
Annual 12/1/16 7,138.10 7,249.57 -1.54
Annual 12/1/15 6,439.70 6,484.48 -0.69
Quarterly 6/1/18 1,904.00 1,932.73 -1.49
Quarterly 3/1/18 1,884.20 1,941.24 -2.94
Quarterly 12/1/17 2,106.20 2,152.67 -2.16
Quarterly 9/1/17 1,912.40 1,966.90 -2.77

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