Earnings Estimates

Earnings Estimates

Analyst Ratings

Mean Recommendation:

2.35

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 22.72
FY0 End Date: 12/1/18
Ind. Annual Div: 2.52
Hist (5 Yr) Growth %: 17.95
Yield (%): 1.78

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 25.85 27.50 24.18 25.83 6 -- 3 -7.77
Annual 12/1/20 23.39 25.61 15.68 23.87 23 4 18 -4.15
Annual 12/1/19 19.05 20.40 16.46 19.22 22 -- 22 -11.53
Quarterly 3/1/20 5.07 6.77 3.03 4.88 14 8 4 -0.04
Quarterly 6/1/19 4.08 5.17 3.13 4.11 21 1 20 -17.17
Quarterly 9/1/19 5.25 6.04 4.41 5.22 21 2 19 -10.89
Quarterly 12/1/19 6.34 7.65 4.55 6.42 21 7 14 -8.10
Long Term Growth 5.17 5.17 5.17 5.17 1 -- -- 0.00

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 3/1/19 3.72 4.05 -8.18
Quarterly 12/1/18 7.04 6.94 1.39
Quarterly 9/1/18 6.26 6.19 1.09
Quarterly 6/1/18 5.01 4.64 7.89

Reference Information - Book Value Per Share

Last Actual (FY0): 42.71
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 12/1/21 108.86 144.20 73.52 108.86 2 1 -- -19.99
Annual 12/1/20 74.37 112.94 53.26 56.91 3 1 2 -6.04
Annual 12/1/19 34.96 35.40 34.51 34.96 2 -- 2 -38.01
Quarterly 3/1/20 40.29 40.29 40.29 40.29 1 -- 1 -32.57
Quarterly 6/1/19 44.90 45.05 44.74 44.90 2 -- 2 -5.51
Quarterly 9/1/19 40.43 45.75 35.11 40.43 2 -- 2 -21.24
Quarterly 12/1/19 36.10 36.80 35.40 36.10 2 -- 2 -35.86

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 3/1/19 42.82 -- --
Quarterly 12/1/18 42.71 -- --
Quarterly 9/1/18 41.66 -- --
Quarterly 6/1/18 38.25 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 50.00
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 35.67 39.32 32.02 35.67 2 1 -- 4.56
Annual 12/1/20 40.81 55.75 30.37 36.32 3 -- 2 1.63
Annual 12/1/19 28.97 48.55 13.32 25.04 3 -- 2 -21.77
Quarterly 3/1/20 7.93 7.93 7.93 7.93 1 -- -- --
Quarterly 6/1/19 5.07 5.07 5.07 5.07 1 -- -- --
Quarterly 9/1/19 6.14 6.14 6.14 6.14 1 -- -- --
Quarterly 12/1/19 7.13 7.13 7.13 7.13 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

Reference Information - Dividend Per Share

Last Actual (FY0): 2.28
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 2.56 2.64 2.52 2.52 3 -- -- 1.59
Annual 12/1/20 2.53 2.64 2.40 2.52 7 1 -- --
Annual 12/1/19 2.51 2.54 2.40 2.52 7 1 -- --
Quarterly 3/1/20 0.65 0.66 0.63 0.65 2 -- -- 0.78
Quarterly 6/1/19 0.62 0.63 0.57 0.63 5 -- -- -0.32
Quarterly 9/1/19 0.63 0.64 0.63 0.63 4 -- -- 0.08
Quarterly 12/1/19 0.63 0.64 0.63 0.63 4 -- -- 0.08

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 3/1/19 0.63 -- --
Quarterly 12/1/18 0.57 -- --
Quarterly 9/1/18 0.57 -- --
Quarterly 6/1/18 0.57 -- --

Reference Information - EBIT

Last Actual (FY0): 2,266.30
FY0 End Date: 12/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 2,055.19 2,124.00 1,986.38 2,055.19 2 -- 1 -14.33
Annual 12/1/20 2,156.00 2,156.00 2,156.00 2,156.00 1 -- 1 -14.27
Annual 12/1/19 1,873.00 1,873.00 1,873.00 1,873.00 1 -- 1 --
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

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 3/1/19 401.90 -- --
Quarterly 12/1/18 661.60 -- --
Quarterly 9/1/18 612.70 -- --
Quarterly 6/1/18 514.50 -- --

Reference Information - EBITDA

Last Actual (FY0): 2,466.00
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 2,383.18 2,928.90 2,138.88 2,262.00 5 -- 2 -17.80
Annual 12/1/20 2,172.49 2,643.10 1,934.29 2,143.00 7 -- 5 -16.17
Annual 12/1/19 1,943.43 2,401.70 1,419.00 1,963.26 8 1 6 -17.01
Quarterly 3/1/20 510.12 583.20 436.00 520.80 6 -- 3 -12.55
Quarterly 6/1/19 479.45 563.30 416.00 469.00 6 1 4 -11.71
Quarterly 9/1/19 539.53 660.60 495.00 521.14 6 -- 5 -14.16
Quarterly 12/1/19 610.78 687.40 544.75 587.45 6 1 4 -13.54

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 3/1/19 422.50 -- --
Quarterly 12/1/18 715.00 -- --
Quarterly 9/1/18 662.40 -- --
Quarterly 6/1/18 563.10 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 17.49
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 23.82 26.75 21.72 23.54 5 -- 2 0.03
Annual 12/1/20 20.71 25.25 15.68 21.03 13 9 3 6.20
Annual 12/1/19 17.72 25.73 13.85 16.88 7 4 3 7.55
Quarterly 3/1/20 4.61 6.83 2.29 4.51 9 6 2 17.00
Quarterly 6/1/19 3.25 3.89 2.38 3.39 12 5 7 -10.11
Quarterly 9/1/19 4.28 5.17 2.38 4.55 12 4 8 -5.98
Quarterly 12/1/19 5.59 6.51 4.68 5.68 12 6 6 3.59

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 3/1/19 2.80 -- --
Quarterly 12/1/18 5.25 -- --
Quarterly 9/1/18 5.39 -- --
Quarterly 6/1/18 3.93 -- --

Reference Information - Net Debt

Last Actual (FY0): 9,526.50
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 10,229.50 10,229.50 10,229.50 10,229.50 1 1 -- 23.22
Annual 12/1/20 257.50 257.50 257.50 257.50 1 -- -- -68.63
Annual 12/1/19 -1,372.00 -710.00 -2,034.00 -1,372.00 2 -- 2 -229.37
Quarterly 12/1/19 1,041.00 1,041.00 1,041.00 1,041.00 1 -- -- -14.50

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

Reference Information - Net Income

Last Actual (FY0): 1,251.10
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 1,110.45 1,275.00 1,002.80 1,095.70 6 -- 3 -20.13
Annual 12/1/20 1,065.15 1,300.40 690.00 1,097.00 17 1 15 -15.09
Annual 12/1/19 982.70 1,349.00 805.00 964.30 16 -- 15 -15.35
Quarterly 3/1/20 231.84 344.40 100.80 219.20 9 2 5 -14.23
Quarterly 6/1/19 216.74 275.20 134.70 219.64 12 1 11 -19.06
Quarterly 9/1/19 258.89 301.10 193.10 260.20 12 1 11 -16.57
Quarterly 12/1/19 304.78 383.50 214.80 315.00 12 2 10 -16.32

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 3/1/19 197.80 -- --
Quarterly 12/1/18 381.70 -- --
Quarterly 9/1/18 344.60 -- --
Quarterly 6/1/18 277.77 -- --

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 12/1/20 428.00 428.00 428.00 428.00 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): 59.76
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 24.41 30.92 17.90 24.41 2 -- -- 24.54
Annual 12/1/20 33.86 47.40 20.80 37.90 7 -- -- 8.11
Annual 12/1/19 39.65 58.50 24.30 39.74 8 -- -- 10.75
Quarterly 3/1/20 50.07 50.07 50.07 50.07 1 -- -- 35.47
Quarterly 6/1/19 34.72 39.06 31.40 33.70 3 -- -- 1.71
Quarterly 9/1/19 45.44 49.70 40.61 46.00 3 -- -- 24.31
Quarterly 12/1/19 52.93 62.20 46.38 50.20 3 -- -- 40.15

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 3/1/19 34.61 -- --
Quarterly 12/1/18 66.05 -- --
Quarterly 9/1/18 62.51 -- --
Quarterly 6/1/18 53.93 -- --

Reference Information - Sales

Last Actual (FY0): 7,791.20
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 6,807.61 7,131.00 6,611.90 6,778.94 6 -- 3 -28.58
Annual 12/1/20 6,202.88 6,525.00 5,586.80 6,234.95 20 1 18 -28.21
Annual 12/1/19 5,788.95 6,104.00 5,522.00 5,810.70 20 -- 20 -27.20
Quarterly 3/1/20 1,446.36 1,518.90 1,356.50 1,454.40 10 -- 8 -27.29
Quarterly 6/1/19 1,361.10 1,421.30 1,279.60 1,365.50 17 -- 16 -27.77
Quarterly 9/1/19 1,468.78 1,512.00 1,368.00 1,468.00 17 -- 16 -28.28
Quarterly 12/1/19 1,615.06 1,678.00 1,493.00 1,630.80 17 -- 16 -28.12

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 7,791.20 7,834.01 -0.55
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 3/1/19 1,334.20 1,813.44 -26.43
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

Copyright Thomson Reuters Corporation