Earnings Estimates

Earnings Estimates

Analyst Ratings

Mean Recommendation:

2.22

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 22.72
FY0 End Date: 12/1/18
Ind. Annual Div: 2.29
Hist (5 Yr) Growth %: 16.55
Hist (5 Yr) Stability %: 9.57
Yield (%): 1.33

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 28.43 28.44 28.41 28.43 2 -- -- -0.05
Annual 12/1/20 24.60 26.00 20.69 24.82 23 3 12 -8.46
Annual 12/1/19 21.89 23.02 19.96 21.95 25 -- 24 -12.13
Quarterly 3/1/19 4.28 6.13 3.92 4.10 24 1 -- --
Quarterly 6/1/19 5.13 6.08 4.57 5.05 24 4 16 -7.80
Quarterly 9/1/19 5.88 6.70 5.06 5.97 24 5 15 -7.70
Quarterly 12/1/19 6.59 8.14 4.71 6.65 24 3 15 -11.77
Long Term Growth 4.69 7.68 1.70 4.69 2 -- 2 -80.45

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 22.72 22.64 0.34
Annual 12/1/17 18.33 18.10 1.26
Annual 12/1/16 16.92 16.91 0.04
Quarterly 12/1/18 7.04 6.94 1.39
Quarterly 9/1/18 6.26 6.19 1.08
Quarterly 6/1/18 5.01 4.64 7.89
Quarterly 3/1/18 4.44 4.17 6.49

Reference Information - Book Value Per Share

Last Actual (FY0): 42.71
FY0 End Date: 12/1/18
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 12/1/21 144.60 144.60 144.60 144.60 1 -- -- --
Annual 12/1/20 81.37 111.54 58.47 74.09 3 3 -- --
Annual 12/1/19 56.39 56.89 55.88 56.39 2 2 -- --
Quarterly 3/1/19 44.75 45.08 44.42 44.75 2 -- 1 --
Quarterly 6/1/19 47.52 47.65 47.38 47.52 2 1 -- --
Quarterly 9/1/19 51.33 51.59 51.07 51.33 2 1 -- --
Quarterly 12/1/19 56.29 56.89 55.68 56.29 2 2 -- --

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 42.71 -- --
Annual 12/1/17 33.55 -- --
Annual 12/1/16 28.69 -- --
Quarterly 12/1/18 42.71 -- --
Quarterly 9/1/18 41.66 -- --
Quarterly 6/1/18 38.25 -- --
Quarterly 3/1/18 36.13 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 50.00
FY0 End Date: 12/1/18
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 12/1/21 41.15 41.15 41.15 41.15 1 -- -- --
Annual 12/1/20 40.92 57.68 26.54 38.54 3 1 2 --
Annual 12/1/19 37.51 51.93 23.41 37.20 3 -- 3 --
Quarterly 3/1/19 12.23 12.23 12.23 12.23 1 -- -- --
Quarterly 6/1/19 13.57 13.57 13.57 13.57 1 -- -- --
Quarterly 9/1/19 13.08 13.08 13.08 13.08 1 -- -- --
Quarterly 12/1/19 17.46 17.46 17.46 17.46 1 -- -- --

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 50.00 44.68 11.90
Annual 12/1/17 46.68 40.49 15.28
Annual 12/1/16 35.45 29.78 19.05
Quarterly 9/1/18 12.79 13.51 -5.36
Quarterly 6/1/18 12.13 12.63 -3.99
Quarterly 3/1/18 11.67 12.43 -6.14

Reference Information - Dividend Per Share

Last Actual (FY0): 2.28
FY0 End Date: 12/1/18
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 2.54 2.68 2.40 2.52 9 3 -- 3.76
Annual 12/1/19 2.50 2.54 2.40 2.52 9 6 1 5.94
Quarterly 3/1/19 0.63 0.63 0.62 0.63 6 2 -- 3.45
Quarterly 6/1/19 0.63 0.63 0.62 0.63 6 2 -- 3.45
Quarterly 9/1/19 0.63 0.64 0.62 0.63 6 2 -- 3.70
Quarterly 12/1/19 0.63 0.64 0.62 0.63 6 2 -- 3.70

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 2.28 -- --
Annual 12/1/17 2.08 -- --
Annual 12/1/16 0.52 -- --
Quarterly 12/1/18 0.57 -- --
Quarterly 9/1/18 0.57 -- --
Quarterly 6/1/18 0.57 -- --
Quarterly 3/1/18 0.57 -- --

Reference Information - EBIT

Last Actual (FY0): 2,266.30
FY0 End Date: 12/1/18
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 12/1/21 2,530.70 2,530.70 2,530.70 2,530.70 1 -- -- --
Annual 12/1/20 2,641.00 2,641.00 2,641.00 2,641.00 1 -- -- --
Annual 12/1/19 1,400.00 1,400.00 1,400.00 1,400.00 1 -- -- -70.29
Quarterly 3/1/19 494.00 494.00 494.00 494.00 1 1 -- --
Quarterly 6/1/19 523.80 523.80 523.80 523.80 1 1 -- --
Quarterly 9/1/19 510.70 510.70 510.70 510.70 1 -- -- --
Quarterly 12/1/19 611.30 611.30 611.30 611.30 1 -- -- --

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 2,266.30 -- --
Annual 12/1/17 2,035.10 -- --
Annual 12/1/16 1,687.00 -- --
Quarterly 12/1/18 661.60 -- --
Quarterly 9/1/18 612.70 -- --
Quarterly 6/1/18 514.50 -- --
Quarterly 3/1/18 477.30 -- --

Reference Information - EBITDA

Last Actual (FY0): 2,466.00
FY0 End Date: 12/1/18
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 12/1/21 2,894.40 2,928.90 2,859.90 2,894.40 2 -- -- -1.19
Annual 12/1/20 2,624.76 2,754.00 2,357.00 2,650.95 8 2 6 -4.62
Annual 12/1/19 2,365.28 2,471.00 2,195.00 2,401.70 9 -- 9 -7.73
Quarterly 3/1/19 494.73 506.00 473.00 497.40 7 -- 7 -20.58
Quarterly 6/1/19 553.31 574.90 525.00 556.91 7 -- 7 -9.31
Quarterly 9/1/19 637.54 673.00 586.02 648.33 7 1 5 -5.71
Quarterly 12/1/19 708.49 744.00 646.00 728.00 7 2 5 -3.69

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 2,466.00 -- --
Annual 12/1/17 2,218.20 -- --
Annual 12/1/16 2,095.80 -- --
Quarterly 12/1/18 715.00 -- --
Quarterly 9/1/18 662.40 -- --
Quarterly 6/1/18 563.10 -- --
Quarterly 3/1/18 525.00 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 17.49
FY0 End Date: 12/1/18
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 12/1/21 24.30 25.13 23.46 24.30 2 -- -- 3.44
Annual 12/1/20 19.62 23.04 17.46 19.74 13 -- 9 -11.06
Annual 12/1/19 16.62 20.31 15.30 16.38 16 -- 14 -16.46
Quarterly 3/1/19 2.91 4.32 2.44 2.73 14 -- 11 -41.28
Quarterly 6/1/19 3.70 4.68 3.18 3.61 14 1 10 -19.91
Quarterly 9/1/19 4.59 5.99 3.74 4.57 14 3 8 -12.48
Quarterly 12/1/19 5.29 6.29 3.96 5.33 14 1 9 -17.43

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 17.49 -- --
Annual 12/1/17 14.10 -- --
Annual 12/1/16 7.34 -- --
Quarterly 12/1/18 5.25 -- --
Quarterly 9/1/18 5.39 -- --
Quarterly 6/1/18 3.93 -- --
Quarterly 3/1/18 2.95 -- --

Reference Information - Net Debt

Last Actual (FY0): 9,526.50
FY0 End Date: 12/1/18
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 12/1/21 8,358.00 8,358.00 8,358.00 8,358.00 1 -- -- --
Annual 12/1/20 820.75 1,384.00 257.50 820.75 2 -- -- -191.67
Annual 12/1/19 1,060.50 1,394.00 727.00 1,060.50 2 -- 1 -59.77
Quarterly 3/1/19 2,165.00 2,165.00 2,165.00 2,165.00 1 -- -- --
Quarterly 6/1/19 2,035.00 2,035.00 2,035.00 2,035.00 1 -- -- --
Quarterly 9/1/19 1,571.00 1,571.00 1,571.00 1,571.00 1 -- -- --
Quarterly 12/1/19 1,217.50 1,394.00 1,041.00 1,217.50 2 1 -- 0.12

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 9,526.50 3,178.00 199.76
Annual 12/1/17 10,696.90 7,401.80 44.52
Annual 12/1/16 10,697.60 6,356.97 68.28
Quarterly 12/1/18 9,526.50 2,176.50 337.70
Quarterly 9/1/18 9,677.30 606.00 1,496.91
Quarterly 6/1/18 10,114.50 625.00 1,518.32
Quarterly 3/1/18 10,661.20 432.00 2,367.87

Reference Information - Net Income

Last Actual (FY0): 1,251.10
FY0 End Date: 12/1/18
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 12/1/21 1,452.60 1,558.70 1,346.50 1,452.60 2 -- -- -7.30
Annual 12/1/20 1,260.12 1,374.00 1,059.30 1,296.15 16 3 10 -9.72
Annual 12/1/19 1,179.58 1,349.00 1,066.22 1,184.00 18 -- 16 -12.04
Quarterly 3/1/19 233.62 329.08 217.00 222.30 15 1 10 -26.21
Quarterly 6/1/19 270.30 323.00 246.69 268.28 14 -- 11 -13.69
Quarterly 9/1/19 312.41 362.90 233.26 320.50 14 2 9 -8.89
Quarterly 12/1/19 351.95 427.00 234.92 355.70 14 1 9 -13.57

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 1,251.10 -- --
Annual 12/1/17 1,024.80 -- --
Annual 12/1/16 996.00 -- --
Quarterly 12/1/18 381.70 -- --
Quarterly 9/1/18 344.60 -- --
Quarterly 6/1/18 277.77 -- --
Quarterly 3/1/18 247.20 -- --

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 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

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): 59.76
FY0 End Date: 12/1/18
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 12/1/21 19.30 19.30 19.30 19.30 1 -- -- --
Annual 12/1/20 29.95 41.30 23.40 26.50 6 1 4 -8.93
Annual 12/1/19 35.89 45.90 29.10 32.90 7 1 5 -22.75
Quarterly 3/1/19 34.47 58.02 21.30 24.10 3 1 1 -3.73
Quarterly 6/1/19 34.24 45.11 27.70 29.90 3 -- 2 -12.80
Quarterly 9/1/19 36.68 38.95 34.80 36.30 3 1 1 -24.21
Quarterly 12/1/19 37.56 40.50 34.20 37.99 3 1 1 -23.64

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 59.76 -- --
Annual 12/1/17 58.33 -- --
Annual 12/1/16 54.28 -- --
Quarterly 12/1/18 66.05 -- --
Quarterly 9/1/18 62.51 -- --
Quarterly 6/1/18 53.93 -- --
Quarterly 3/1/18 51.28 -- --

Reference Information - Sales

Last Actual (FY0): 7,791.20
FY0 End Date: 12/1/18
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 12/1/21 9,675.50 9,991.80 9,359.20 9,675.50 2 -- -- -3.27
Annual 12/1/20 8,639.25 9,054.50 7,758.00 8,719.00 19 3 11 -3.42
Annual 12/1/19 7,992.99 8,110.80 7,735.00 8,004.00 21 2 18 -2.97
Quarterly 3/1/19 1,813.39 1,877.06 1,784.00 1,804.40 17 -- 13 -7.83
Quarterly 6/1/19 1,907.50 1,970.90 1,814.00 1,909.50 17 2 11 -3.52
Quarterly 9/1/19 2,045.68 2,087.10 1,969.65 2,057.00 17 6 7 -0.13
Quarterly 12/1/19 2,243.50 2,334.00 2,166.90 2,253.10 17 6 6 -1.60

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 7,791.20 7,859.23 -0.87
Annual 12/1/17 7,719.40 7,764.82 -0.58
Annual 12/1/16 7,138.10 7,249.57 -1.54
Quarterly 12/1/18 2,055.90 2,123.23 -3.17
Quarterly 9/1/18 1,947.20 2,028.37 -4.00
Quarterly 6/1/18 1,904.00 1,932.73 -1.49
Quarterly 3/1/18 1,884.20 1,941.24 -2.94

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