Earnings Estimates

Stock Information

Price (Prev Close): 75.26
Price - 52 Week High: 85.26
Price - 52 Week Low: 61.53
Price Date (Latest): 12/13/18
Median Price Target: 75.47
Diff from Prev Close: 0.21
% Difference: 0.27

Analyst Ratings

Mean Recommendation:

2.47

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 3.60
FY0 End Date: 12/1/17
Ind. Annual Div: 3.04
Hist (5 Yr) Growth %: 3.20
Hist (5 Yr) Stability %: 15.45
Yield (%): 4.04

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 4.44 4.54 4.39 4.45 11 2 -- 0.41
Annual 12/1/19 4.25 4.42 4.16 4.25 15 2 1 0.36
Annual 12/1/18 4.09 4.14 4.05 4.09 16 1 2 0.11
Quarterly 12/1/18 0.95 1.03 0.90 0.95 12 1 1 0.34
Quarterly 3/1/19 1.10 1.22 0.97 1.09 5 -- -- 2.99
Quarterly 6/1/19 0.87 1.09 0.76 0.85 5 1 -- 4.95
Quarterly 9/1/19 1.15 1.22 1.06 1.16 4 -- -- 2.16
Long Term Growth 6.35 7.57 4.10 7.37 3 -- -- -3.15

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 3.60 3.58 0.46
Annual 12/1/16 3.80 3.81 -0.17
Annual 12/1/15 3.44 3.64 -5.62
Quarterly 9/1/18 1.15 1.13 1.76
Quarterly 6/1/18 0.86 0.79 9.14
Quarterly 3/1/18 1.14 1.04 9.10
Quarterly 12/1/17 0.91 0.89 1.89

Reference Information - Book Value Per Share

Last Actual (FY0): 26.58
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 34.75 35.41 33.85 35.00 3 -- 1 0.81
Annual 12/1/19 33.94 35.11 32.46 34.26 3 -- 1 0.56
Annual 12/1/18 32.26 33.58 30.25 32.60 4 2 -- 0.44
Quarterly 12/1/18 32.60 32.69 32.51 32.60 2 -- 1 -0.19
Quarterly 3/1/19 32.07 32.07 32.07 32.07 1 -- -- --
Quarterly 6/1/19 32.36 32.36 32.36 32.36 1 -- -- --
Quarterly 9/1/19 33.06 33.06 33.06 33.06 1 -- -- --

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 26.58 -- --
Annual 12/1/16 23.26 -- --
Annual 12/1/15 21.28 -- --
Quarterly 9/1/18 28.20 -- --
Quarterly 6/1/18 27.62 -- --
Quarterly 3/1/18 27.09 -- --
Quarterly 12/1/17 26.58 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 7.15
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 8.33 8.74 7.71 8.43 4 1 -- 2.00
Annual 12/1/19 7.96 8.48 7.32 8.01 5 1 -- 1.59
Annual 12/1/18 7.55 8.07 7.19 7.60 6 2 -- 0.09
Quarterly 12/1/18 1.92 2.25 1.72 1.79 3 -- 2 -0.12
Quarterly 3/1/19 0.96 1.92 -- 0.96 2 -- -- -30.24
Quarterly 6/1/19 0.89 1.77 -- 0.89 2 -- -- -20.49
Quarterly 9/1/19 1.15 2.30 -- 1.15 2 -- -- --

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 7.15 7.46 -4.11
Annual 12/1/16 6.69 6.98 -4.12
Annual 12/1/15 7.54 6.15 22.53
Quarterly 9/1/18 1.96 2.00 -2.10
Quarterly 6/1/18 1.83 1.67 9.86
Quarterly 3/1/18 1.89 1.89 0.19
Quarterly 12/1/17 1.37 1.75 -21.68

Reference Information - Dividend Per Share

Last Actual (FY0): 3.06
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 3.92 3.97 3.89 3.91 8 -- -- -0.22
Annual 12/1/19 3.64 3.68 3.44 3.67 10 -- -- -0.60
Annual 12/1/18 3.34 3.34 3.32 3.34 11 -- -- 0.00
Quarterly 12/1/18 0.84 0.84 0.83 0.84 5 -- 1 --
Quarterly 3/1/19 0.92 0.92 0.92 0.92 2 -- -- --
Quarterly 6/1/19 0.92 0.92 0.92 0.92 2 -- -- --
Quarterly 9/1/19 0.92 0.92 0.92 0.92 2 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 3.06 -- --
Annual 12/1/16 2.80 -- --
Annual 12/1/15 2.59 -- --
Quarterly 9/1/18 0.84 -- --
Quarterly 6/1/18 0.84 -- --
Quarterly 3/1/18 0.84 -- --
Quarterly 12/1/17 0.77 -- --

Reference Information - EBIT

Last Actual (FY0): 4,360.00
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 5,419.72 5,992.91 5,065.07 5,435.21 7 1 -- 0.51
Annual 12/1/19 5,143.35 5,402.92 4,889.35 5,140.50 8 1 -- 0.56
Annual 12/1/18 4,767.44 4,984.32 4,604.22 4,742.00 7 1 -- 0.42
Quarterly 12/1/18 1,214.13 1,630.52 1,009.22 1,148.35 6 2 -- 0.04
Quarterly 3/1/19 1,243.89 1,265.43 1,222.34 1,243.89 2 -- -- -3.57
Quarterly 6/1/19 1,160.82 1,222.34 1,099.31 1,160.82 2 -- -- 5.96
Quarterly 9/1/19 1,388.34 1,554.35 1,222.34 1,388.34 2 -- -- 1.78

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 4,360.00 -- --
Annual 12/1/16 3,986.00 -- --
Annual 12/1/15 3,807.00 -- --
Quarterly 9/1/18 1,155.00 -- --
Quarterly 6/1/18 923.00 -- --
Quarterly 3/1/18 1,180.00 -- --
Quarterly 12/1/17 1,195.00 -- --

Reference Information - EBITDA

Last Actual (FY0): 6,265.00
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 7,794.86 8,258.27 7,544.08 7,695.10 6 1 -- 0.58
Annual 12/1/19 7,282.54 7,751.73 6,815.77 7,285.30 8 1 -- 0.51
Annual 12/1/18 6,788.17 7,172.63 6,500.35 6,780.00 7 1 -- 0.34
Quarterly 12/1/18 1,745.81 2,226.67 1,582.34 1,650.70 5 -- 4 -3.68
Quarterly 3/1/19 1,778.29 1,852.63 1,703.94 1,778.29 2 -- -- -2.60
Quarterly 6/1/19 1,695.22 1,703.94 1,686.51 1,695.22 2 -- -- 3.52
Quarterly 9/1/19 1,922.74 2,141.55 1,703.94 1,922.74 2 -- -- 2.06

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 6,265.00 -- --
Annual 12/1/16 5,545.00 -- --
Annual 12/1/15 5,196.00 -- --
Quarterly 9/1/18 1,681.00 -- --
Quarterly 6/1/18 1,386.00 -- --
Quarterly 3/1/18 1,778.00 -- --
Quarterly 12/1/17 1,679.00 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 4.93
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 4.43 4.46 4.39 4.45 3 1 1 0.83
Annual 12/1/19 4.25 4.31 4.20 4.25 5 3 2 0.56
Annual 12/1/18 3.89 4.05 3.72 3.89 2 1 1 0.90
Quarterly 12/1/18 0.94 0.96 0.90 0.95 4 -- 4 -20.21
Quarterly 3/1/19 1.09 1.09 1.09 1.09 1 -- -- -0.92
Quarterly 6/1/19 1.09 1.09 1.09 1.09 1 -- -- -0.92
Quarterly 9/1/19 1.06 1.06 1.06 1.06 1 -- -- --

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 4.93 -- --
Annual 12/1/16 3.44 -- --
Annual 12/1/15 3.20 -- --
Quarterly 9/1/18 1.30 -- --
Quarterly 6/1/18 0.69 -- --
Quarterly 3/1/18 0.77 -- --
Quarterly 12/1/17 2.25 -- --

Reference Information - Net Debt

Last Actual (FY0): 37,204.00
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 37,925.56 40,305.26 36,126.00 36,855.84 5 -- 1 -0.78
Annual 12/1/19 36,032.66 37,859.00 34,341.00 35,394.45 5 -- 1 -0.81
Annual 12/1/18 35,995.46 37,579.07 34,210.00 35,797.44 6 1 1 0.01
Quarterly 12/1/18 35,889.22 37,398.00 34,210.00 36,059.65 3 -- 1
Quarterly 3/1/19 32,679.88 32,679.88 32,679.88 32,679.88 1 -- -- --
Quarterly 6/1/19 33,435.49 33,435.49 33,435.49 33,435.49 1 -- -- --
Quarterly 9/1/19 33,538.83 33,538.83 33,538.83 33,538.83 1 -- -- --

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 37,204.00 36,034.45 3.25
Annual 12/1/16 25,367.00 31,114.68 -18.47
Annual 12/1/15 18,986.00 26,335.82 -27.91
Quarterly 9/1/18 37,914.00 33,944.33 11.69
Quarterly 6/1/18 29,234.00 34,067.53 -14.19
Quarterly 3/1/18 37,247.00 32,560.33 14.39
Quarterly 12/1/17 37,204.00 34,376.06 8.23

Reference Information - Net Income

Last Actual (FY0): 2,289.00
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 3,104.62 3,202.48 2,978.03 3,119.10 6 1 -- 0.52
Annual 12/1/19 2,935.29 3,006.57 2,836.56 2,961.85 8 1 -- 0.47
Annual 12/1/18 2,695.40 2,745.00 2,657.10 2,694.09 9 1 -- 0.26
Quarterly 12/1/18 630.78 645.03 619.35 633.00 5 1 1 -0.85
Quarterly 3/1/19 692.96 740.95 644.97 692.96 2 -- -- -2.53
Quarterly 6/1/19 627.57 740.95 514.18 627.57 2 -- -- 10.04
Quarterly 9/1/19 806.69 872.43 740.95 806.69 2 -- -- 3.34

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 2,289.00 -- --
Annual 12/1/16 2,347.00 -- --
Annual 12/1/15 2,040.00 -- --
Quarterly 9/1/18 758.00 -- --
Quarterly 6/1/18 560.00 -- --
Quarterly 3/1/18 741.00 -- --
Quarterly 12/1/17 585.00 -- --

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 12/1/20 2,916.00 2,916.00 2,916.00 2,916.00 1 -- -- --
Annual 12/1/19 2,736.00 2,736.00 2,736.00 2,736.00 1 -- -- --
Annual 12/1/18 517.90 517.90 517.90 517.90 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): 14.42
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 13.16 13.60 12.70 13.18 4 1 -- 0.24
Annual 12/1/19 13.23 13.96 12.60 13.40 5 1 -- 0.80
Annual 12/1/18 13.71 14.52 12.80 14.10 7 1 1 -0.15
Quarterly 12/1/18 2.99 2.99 2.99 2.99 1 -- -- --
Quarterly 3/1/19 4.47 4.47 4.47 4.47 1 -- -- --
Quarterly 6/1/19 2.60 2.60 2.60 2.60 1 -- -- --
Quarterly 9/1/19 5.35 5.35 5.35 5.35 1 -- -- --

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 14.42 -- --
Annual 12/1/16 17.21 -- --
Annual 12/1/15 16.85 -- --

Reference Information - Sales

Last Actual (FY0): 12,586.00
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 14,193.77 14,935.19 13,634.00 14,102.95 4 -- -- -1.08
Annual 12/1/19 13,781.37 14,728.00 13,167.00 13,867.90 7 -- -- -0.56
Annual 12/1/18 13,333.69 13,982.00 13,065.00 13,248.08 7 1 1 -0.59
Quarterly 12/1/18 3,305.92 3,386.98 3,213.00 3,332.80 5 1 -- 0.03
Quarterly 3/1/19 3,633.30 3,785.85 3,480.75 3,633.30 2 -- -- -1.82
Quarterly 6/1/19 3,317.57 3,480.75 3,154.40 3,317.57 2 -- -- 2.13
Quarterly 9/1/19 3,525.61 3,570.46 3,480.75 3,525.61 2 -- -- 2.09

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 12,586.00 12,997.15 -3.16
Annual 12/1/16 11,733.00 12,450.54 -5.76
Annual 12/1/15 11,728.00 13,056.24 -10.17
Quarterly 9/1/18 3,451.00 3,384.85 1.95
Quarterly 6/1/18 3,088.00 3,185.85 -3.07
Quarterly 3/1/18 3,466.00 3,499.37 -0.95
Quarterly 12/1/17 3,210.00 3,466.83 -7.41

P/E Ratios

P/E Ratios Company Industry Ind. Relative
FY0 18.42 129.73 0.14
FY1 17.69 99.51 0.18
FY2 16.94 106.79 0.16

EPS Growth Rates

Growth Rates Company Industry Ind. Relative
FY1/FY0 13.49 -68.19 3.57
FY2/FY1 4.12 136.99 0.44
FY3/FY2 4.12 136.99 0.44

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