Earnings Estimates

EPS Growth Rates

Growth Rates Company Industry Ind. Relative
FY1/FY0 12.37 8.67 1.03
FY2/FY1 12.63 17.17 0.96
FY3/FY2 12.63 17.17 0.96

Reference Information - Earnings Per Share

Last Actual (FY0): 15.21
FY0 End Date: 12/1/18
Ind. Annual Div: 6.44
Hist (5 Yr) Growth %: 11.48
Hist (5 Yr) Stability %: 8.54
Yield (%): 2.58

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 21.25 23.17 19.31 21.87 5 -- 1 -0.67
Annual 12/1/20 19.25 20.84 17.67 19.40 10 -- 2 -1.15
Annual 12/1/19 17.09 18.32 16.38 16.99 11 -- 1 -0.75
Quarterly 3/1/19 4.14 4.30 4.01 4.14 6 -- -- 0.02
Quarterly 6/1/19 4.17 4.25 4.06 4.19 6 -- -- -0.37
Quarterly 9/1/19 4.38 4.58 4.24 4.34 6 -- -- -0.58
Quarterly 12/1/19 4.37 4.53 4.23 4.35 6 -- -- 0.00
Long Term Growth 14.07 15.63 12.50 14.07 2 1 -- -11.14

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 15.21 15.65 -2.81
Annual 12/1/17 15.75 14.57 8.12
Annual 12/1/16 13.10 12.51 4.70
Quarterly 12/1/18 3.58 4.05 -11.74
Quarterly 9/1/18 3.87 4.02 -3.74
Quarterly 6/1/18 3.76 3.98 -5.55
Quarterly 3/1/18 4.02 3.82 5.24

Reference Information - Book Value Per Share

Last Actual (FY0): --
FY0 End Date:
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 12/1/21 123.50 129.23 114.16 126.65 5 -- -- 0.29
Annual 12/1/20 113.33 118.11 105.33 115.20 8 2 -- --
Annual 12/1/19 101.66 105.96 97.41 101.77 8 1 1 --
Quarterly 3/1/19 88.51 89.52 87.49 88.51 2 -- 1 --
Quarterly 6/1/19 92.66 93.58 91.73 92.66 2 -- 1 --
Quarterly 9/1/19 97.03 97.82 96.25 97.03 2 -- 1 --
Quarterly 12/1/19 99.02 100.63 97.41 99.02 2 -- 1 --

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 84.27 -- --
Annual 12/1/16 73.61 -- --
Quarterly 6/1/18 83.94 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): --
FY0 End Date:
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 28.34 34.33 22.36 28.34 2 -- -- -1.25
Annual 12/1/20 24.72 29.62 19.81 24.72 2 -- 1 --
Annual 12/1/19 21.62 25.85 17.40 21.62 2 -- 1 --
Quarterly 3/1/19 5.32 6.34 4.30 5.32 2 -- 1 --
Quarterly 6/1/19 5.27 6.28 4.25 5.27 2 -- 1 --
Quarterly 9/1/19 5.67 6.83 4.52 5.67 2 -- 1 --
Quarterly 12/1/19 5.37 6.40 4.34 5.37 2 -- 1 --

Actuals - Cash Flow Per Share

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 - Dividend Per Share

Last Actual (FY0): --
FY0 End Date:
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 12/1/21 10.28 11.15 8.94 10.70 5 -- -- -0.75
Annual 12/1/20 7.84 9.92 5.24 8.39 9 1 1 --
Annual 12/1/19 6.68 9.15 5.01 6.77 9 1 2 --
Quarterly 3/1/19 5.80 7.09 4.51 5.80 2 -- -- --
Quarterly 6/1/19 -- -- -- -- 1 -- -- --
Quarterly 9/1/19 -- -- -- -- 1 -- -- --
Quarterly 12/1/19 4.64 4.64 4.64 4.64 1 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 8.63 -- --
Quarterly 3/1/18 -- -- --

Reference Information - EBIT

Last Actual (FY0): 2,169.71
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 2,371.88 2,371.88 2,371.88 2,371.88 1 -- -- --
Annual 12/1/20 2,459.19 2,965.00 2,133.91 2,278.67 3 -- -- -4.78
Annual 12/1/19 2,182.14 2,614.00 1,931.55 2,000.87 3 -- -- -1.91
Quarterly 3/1/19 461.55 461.55 461.55 461.55 1 -- -- -4.67
Quarterly 6/1/19 474.67 474.67 474.67 474.67 1 -- -- -0.85
Quarterly 9/1/19 489.86 489.86 489.86 489.86 1 -- -- 4.46
Quarterly 12/1/19 505.48 505.48 505.48 505.48 1 -- -- --

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 2,169.71 -- --
Annual 12/1/16 1,980.39 -- --

Reference Information - EBITDA

Last Actual (FY0): --
FY0 End Date:
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 12/1/19 2,070.72 2,070.72 2,070.72 2,070.72 1 -- -- --

Actuals - EBITDA

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 - GAAP Earnings Per Share

Last Actual (FY0): 15.21
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 21.09 23.17 19.31 20.95 4 -- 1 -0.84
Annual 12/1/20 19.45 21.47 17.67 19.48 8 -- 2 --
Annual 12/1/19 17.29 18.32 16.38 17.28 8 1 2 0.09
Quarterly 3/1/19 4.15 4.30 4.01 4.13 3 -- 3 1.84
Quarterly 6/1/19 4.19 4.25 4.06 4.25 3 -- 3 0.74
Quarterly 9/1/19 4.38 4.52 4.24 4.39 3 1 2 1.57
Quarterly 12/1/19 4.37 4.53 4.23 4.34 3 -- 2 -0.31

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 15.21 -- --
Annual 12/1/17 15.75 -- --
Annual 12/1/16 13.10 -- --
Quarterly 12/1/18 3.58 -- --
Quarterly 9/1/18 3.87 -- --
Quarterly 6/1/18 3.76 -- --
Quarterly 3/1/18 4.02 -- --

Reference Information - Net Debt

Last Actual (FY0): --
FY0 End Date:
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 -- -- -- -- -- -- -- --
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 - Net Debt

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 - Net Income

Last Actual (FY0): 1,213.35
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 1,691.69 1,848.24 1,540.54 1,706.10 6 -- 1 -0.61
Annual 12/1/20 1,532.20 1,662.00 1,409.23 1,546.00 11 -- 2 --
Annual 12/1/19 1,362.97 1,461.00 1,306.73 1,355.13 11 1 2 0.19
Quarterly 3/1/19 330.86 343.08 319.88 329.61 3 -- 2 1.85
Quarterly 6/1/19 333.45 338.98 324.10 337.25 3 -- 2 0.57
Quarterly 9/1/19 349.54 360.64 337.95 350.04 3 1 1 1.59
Quarterly 12/1/19 349.02 361.57 337.35 348.13 3 -- 1 -0.13

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 1,213.35 -- --
Annual 12/1/17 1,256.21 -- --
Annual 12/1/16 1,042.70 -- --
Quarterly 12/1/18 285.34 -- --
Quarterly 9/1/18 307.52 -- --
Quarterly 6/1/18 300.42 -- --
Quarterly 3/1/18 320.79 -- --

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 1,998.58 1,998.58 1,998.58 1,998.58 1 -- -- --

Actuals - Operating Profit

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 1,711.57 -- --
Annual 12/1/16 1,450.68 -- --

Reference Information - Return On Equity

Last Actual (FY0): --
FY0 End Date:
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 18.28 18.98 17.73 18.30 5 -- 1 -0.85
Annual 12/1/20 18.13 18.70 17.53 18.20 9 -- 2 -0.56
Annual 12/1/19 17.95 18.70 17.47 17.98 10 -- 2 -0.32
Quarterly 3/1/19 5.12 5.12 5.12 5.12 1 -- 1 --
Quarterly 6/1/19 4.85 4.85 4.85 4.85 1 -- 1 --
Quarterly 9/1/19 4.94 4.94 4.94 4.94 1 -- 1 --
Quarterly 12/1/19 4.58 4.58 4.58 4.58 1 -- 1 --

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 28.39 -- --
Annual 12/1/16 27.25 -- --

Reference Information - Sales

Last Actual (FY0): 3,923.86
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 5,260.66 5,534.14 5,084.61 5,206.02 5 -- 1 -0.26
Annual 12/1/20 4,881.74 5,084.66 4,682.47 4,856.60 7 2 -- --
Annual 12/1/19 4,423.53 4,581.00 4,251.86 4,431.16 7 2 -- -0.65
Quarterly 3/1/19 1,045.43 1,057.92 1,033.48 1,044.88 3 -- 1 -0.57
Quarterly 6/1/19 1,064.92 1,093.39 1,023.97 1,077.41 3 1 -- -1.92
Quarterly 9/1/19 1,097.64 1,117.37 1,071.35 1,104.22 3 1 -- -1.20
Quarterly 12/1/19 1,149.40 1,162.65 1,123.08 1,162.48 3 1 -- -1.15

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/18 3,923.86 4,037.99 -2.83
Annual 12/1/17 3,912.17 3,890.56 0.56
Annual 12/1/16 3,530.99 3,490.20 1.17
Quarterly 12/1/18 1,012.44 1,057.22 -4.24
Quarterly 9/1/18 982.90 998.88 -1.60
Quarterly 6/1/18 1,021.39 1,004.13 1.72
Quarterly 3/1/18 863.92 1,029.88 -16.11

Reference Information - Earnings Per Share (Parent)

Last Actual (FY0): --
FY0 End Date:
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
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 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

Actuals - Earnings Per Share (Parent)

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 - Net Income (Parent)

Last Actual (FY0): --
FY0 End Date:
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
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 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

Actuals - Net Income (Parent)

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 - Operating Profit (Parent)

Last Actual (FY0): --
FY0 End Date:
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
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 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

Actuals - Operating Profit (Parent)

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 - Sales (Parent)

Last Actual (FY0): --
FY0 End Date:
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Sales (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 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

Actuals - Sales (Parent)

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 -- -- --