Earnings Estimates

Reference Information - Earnings Per Share

Last Actual (FY0): 2.34
FY0 End Date: 12/1/17
Ind. Annual Div: 0.56
Hist (5 Yr) Growth %: 6.80
Hist (5 Yr) Stability %: 13.04
Yield (%): 1.03

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/19 3.37 3.73 3.25 3.35 7 3 4 1.07
Annual 12/1/18 2.99 3.13 2.89 2.98 7 3 4 2.41
Quarterly 3/1/18 0.57 0.60 0.56 0.57 7 3 2 -3.37
Quarterly 6/1/18 0.77 0.79 0.75 0.77 7 3 2 -0.60
Quarterly 9/1/18 0.76 0.81 0.68 0.77 7 3 2 0.12
Quarterly 12/1/18 0.88 0.98 0.82 0.88 7 3 2 5.35
Long Term Growth 12.60 12.60 12.60 12.60 1 -- -- --

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 2.34 2.32 1.07
Annual 12/1/16 2.08 2.07 0.60
Annual 12/1/15 2.25 2.12 6.26
Quarterly 12/1/17 0.65 0.62 5.10
Quarterly 9/1/17 0.58 0.58 -0.64
Quarterly 6/1/17 0.64 0.58 10.34
Quarterly 3/1/17 0.47 0.40 16.34

Reference Information - Book Value Per Share

Last Actual (FY0): 18.06
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 12/1/19 18.39 18.39 18.39 18.39 1 1 -- -24.33
Annual 12/1/18 18.06 18.06 18.06 18.06 1 1 -- -13.16
Quarterly 3/1/18 17.64 17.64 17.64 17.64 1 -- 1 -14.26
Quarterly 6/1/18 17.80 17.80 17.80 17.80 1 1 -- -16.54
Quarterly 9/1/18 17.93 17.93 17.93 17.93 1 1 -- -12.41
Quarterly 12/1/18 18.06 18.06 18.06 18.06 1 1 -- -13.16

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 18.06 -- --
Annual 12/1/16 16.48 -- --
Annual 12/1/15 16.65 -- --
Quarterly 12/1/17 18.06 -- --
Quarterly 9/1/17 16.69 -- --
Quarterly 6/1/17 17.25 -- --
Quarterly 3/1/17 16.64 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 3.42
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 12/1/19 3.34 3.34 3.34 3.34 1 -- -- -21.50
Annual 12/1/18 2.38 2.38 2.38 2.38 1 1 -- -48.89
Quarterly 3/1/18 1.00 1.00 1.00 1.00 1 -- -- --
Quarterly 6/1/18 1.16 1.16 1.16 1.16 1 -- -- --
Quarterly 9/1/18 1.22 1.22 1.22 1.22 1 -- -- --
Quarterly 12/1/18 1.17 1.17 1.17 1.17 1 -- -- --

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 3.42 2.42 41.28
Annual 12/1/16 4.28 1.78 140.45
Annual 12/1/15 2.75 1.02 169.61
Quarterly 12/1/17 0.86 0.92 -7.06
Quarterly 9/1/17 0.86 0.87 -0.92
Quarterly 6/1/17 0.49 0.80 -38.67
Quarterly 3/1/17 1.22 0.73 68.28

Reference Information - Dividend Per Share

Last Actual (FY0): 0.60
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 12/1/19 0.60 0.60 0.60 0.60 1 -- -- --
Annual 12/1/18 0.62 0.64 0.60 0.62 2 -- -- --
Quarterly 3/1/18 0.15 0.15 0.15 0.15 1 -- -- --
Quarterly 6/1/18 0.15 0.15 0.15 0.15 1 -- -- --
Quarterly 9/1/18 0.15 0.15 0.15 0.15 1 -- -- --
Quarterly 12/1/18 0.15 0.15 0.15 0.15 1 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 0.60 -- --
Annual 12/1/16 0.51 -- --
Annual 12/1/15 0.48 -- --
Quarterly 12/1/17 0.15 -- --
Quarterly 9/1/17 0.15 -- --
Quarterly 6/1/17 0.15 -- --
Quarterly 3/1/17 0.15 -- --

Reference Information - EBIT

Last Actual (FY0): 108.67
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 12/1/19 130.60 139.80 125.30 129.50 6 2 3 -4.42
Annual 12/1/18 117.70 123.30 112.10 118.40 6 2 4 -4.76
Quarterly 3/1/18 23.03 23.60 22.40 23.00 6 1 4 -7.31
Quarterly 6/1/18 30.48 31.20 29.20 30.60 6 1 4 -5.25
Quarterly 9/1/18 29.85 31.80 26.90 30.20 6 2 3 -5.53
Quarterly 12/1/18 34.33 37.70 31.40 34.50 6 2 3 -0.49

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 108.67 -- --
Annual 12/1/16 102.40 -- --
Annual 12/1/15 105.27 -- --
Quarterly 12/1/17 28.78 -- --
Quarterly 9/1/17 26.90 -- --
Quarterly 6/1/17 29.81 -- --
Quarterly 3/1/17 23.19 -- --

Reference Information - EBITDA

Last Actual (FY0): 149.73
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 12/1/19 177.29 186.60 171.40 176.00 7 1 4 -3.09
Annual 12/1/18 162.59 167.20 156.60 162.60 7 2 4 -3.66
Quarterly 3/1/18 34.20 35.80 33.00 34.05 6 1 3 -4.14
Quarterly 6/1/18 41.72 43.00 40.10 41.70 6 1 3 -3.56
Quarterly 9/1/18 41.15 43.00 38.20 41.20 6 1 3 -4.41
Quarterly 12/1/18 45.67 48.80 43.10 45.30 6 1 3 -1.28

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 149.73 -- --
Annual 12/1/16 140.61 -- --
Annual 12/1/15 142.43 -- --
Quarterly 12/1/17 39.25 -- --
Quarterly 9/1/17 37.22 -- --
Quarterly 6/1/17 40.03 -- --
Quarterly 3/1/17 33.22 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 2.89
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 12/1/19 3.40 3.73 3.27 3.35 5 4 1 3.00
Annual 12/1/18 2.99 3.13 2.89 2.98 5 3 2 1.34
Quarterly 3/1/18 0.58 0.60 0.57 0.57 5 4 1 -1.38
Quarterly 6/1/18 0.77 0.79 0.75 0.77 5 4 1 0.78
Quarterly 9/1/18 0.75 0.81 0.68 0.75 5 4 1 0.80
Quarterly 12/1/18 0.88 0.98 0.82 0.88 5 4 1 4.07

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 2.89 -- --
Annual 12/1/16 0.90 -- --
Annual 12/1/15 1.78 -- --
Quarterly 12/1/17 1.18 -- --
Quarterly 9/1/17 0.60 -- --
Quarterly 6/1/17 0.64 -- --
Quarterly 3/1/17 0.47 -- --

Reference Information - Net Debt

Last Actual (FY0): 37.05
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 12/1/19 30.20 30.20 30.20 30.20 1 -- -- 1,057.23
Annual 12/1/18 31.00 31.00 31.00 31.00 1 -- -- 819.05
Quarterly 3/1/18 31.80 31.80 31.80 31.80 1 -- -- 650.75
Quarterly 6/1/18 31.40 31.40 31.40 31.40 1 -- -- 703.83
Quarterly 9/1/18 31.20 31.20 31.20 31.20 1 -- -- 761.02
Quarterly 12/1/18 31.00 31.00 31.00 31.00 1 -- -- 819.05

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 37.05 -181.55 -120.41
Annual 12/1/16 20.23 33.40 -39.44
Annual 12/1/15 51.43 -24.35 -311.26
Quarterly 12/1/17 37.05 -181.55 -120.41
Quarterly 9/1/17 28.74 -173.28 -116.59
Quarterly 6/1/17 11.36 -154.11 -107.37
Quarterly 3/1/17 -0.45 -145.62 99.69

Reference Information - Net Income

Last Actual (FY0): --
FY0 End Date:
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 12/1/19 96.23 104.00 92.90 95.00 6 3 2 -1.85
Annual 12/1/18 86.97 91.00 82.90 87.30 6 4 2 1.39
Quarterly 3/1/18 16.97 17.50 16.50 16.95 6 2 2 -5.23
Quarterly 6/1/18 22.58 23.10 21.60 22.75 6 3 2 -2.32
Quarterly 9/1/18 22.15 24.00 19.90 22.25 6 3 2 -2.25
Quarterly 12/1/18 25.45 28.00 23.30 25.50 6 3 2 2.48

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 63.70 -- --
Annual 12/1/15 70.28 -- --
Quarterly 9/1/17 17.55 -- --
Quarterly 6/1/17 19.55 -- --
Quarterly 3/1/17 14.24 -- --

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 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --
Quarterly 9/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --

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): --
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 12/1/19 13.62 13.62 13.62 13.62 1 -- -- --
Annual 12/1/18 15.40 15.40 15.40 15.40 1 -- -- 4.12
Quarterly 3/1/18 1.64 1.64 1.64 1.64 1 -- -- --
Quarterly 6/1/18 2.64 2.64 2.64 2.64 1 -- -- --
Quarterly 9/1/18 2.48 2.48 2.48 2.48 1 -- -- --
Quarterly 12/1/18 3.51 3.51 3.51 3.51 1 -- -- --

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/16 12.62 -- --
Annual 12/1/15 14.44 -- --
Quarterly 9/1/17 3.42 -- --
Quarterly 6/1/17 3.83 -- --
Quarterly 3/1/17 2.85 -- --

Reference Information - Sales

Last Actual (FY0): 1,100.82
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 12/1/19 1,326.87 1,406.00 1,266.00 1,331.00 7 7 -- 5.60
Annual 12/1/18 1,251.11 1,293.60 1,202.00 1,242.20 7 7 -- 5.05
Quarterly 3/1/18 290.18 298.60 280.40 291.10 5 4 -- 5.32
Quarterly 6/1/18 304.66 318.40 292.60 303.40 5 3 1 2.97
Quarterly 9/1/18 310.12 326.00 300.00 309.50 5 4 -- 2.81
Quarterly 12/1/18 334.10 350.60 325.20 329.70 5 3 1 4.62

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 1,100.82 1,095.48 0.49
Annual 12/1/16 982.53 974.74 0.80
Annual 12/1/15 959.13 959.35 -0.02
Quarterly 12/1/17 306.12 300.95 1.72
Quarterly 9/1/17 280.20 278.07 0.77
Quarterly 6/1/17 267.52 258.34 3.55
Quarterly 3/1/17 246.98 239.47 3.14

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 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --
Quarterly 9/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --

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 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --
Quarterly 9/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --

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 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --
Quarterly 9/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --

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 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/18 -- -- -- -- -- -- -- --
Quarterly 6/1/18 -- -- -- -- -- -- -- --
Quarterly 9/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --

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 -- -- --

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