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 %: 8.00
Hist (5 Yr) Stability %: 12.59
Yield (%): 0.88

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 3.59 3.28 3.35 7 3 1 0.51
Annual 12/1/18 2.97 3.10 2.70 2.98 8 5 -- -0.17
Quarterly 6/1/18 0.75 0.78 0.74 0.75 7 1 4 -1.64
Quarterly 9/1/18 0.77 0.81 0.72 0.76 7 3 3 0.75
Quarterly 12/1/18 0.88 0.97 0.83 0.88 7 2 3 0.16
Quarterly 3/1/19 0.66 0.71 0.57 0.68 4 1 2 -4.92
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 3/1/18 0.60 0.57 5.53
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

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 18.64 18.64 18.64 18.64 1 1 -- --
Annual 12/1/18 17.98 18.19 17.76 17.98 2 1 -- --
Quarterly 6/1/18 17.91 17.91 17.91 17.91 1 1 -- --
Quarterly 9/1/18 18.06 18.06 18.06 18.06 1 1 -- --
Quarterly 12/1/18 18.19 18.19 18.19 18.19 1 1 -- --
Quarterly 3/1/19 18.29 18.29 18.29 18.29 1 -- -- --

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 3/1/18 17.87 -- --
Quarterly 12/1/17 18.06 -- --
Quarterly 9/1/17 16.69 -- --
Quarterly 6/1/17 17.25 -- --

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 3.21 3.21 3.21 3.21 1 -- 1 --
Annual 12/1/18 2.47 2.47 2.47 2.47 1 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 -- -- --
Quarterly 3/1/19 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

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 0.60 0.60 0.60 0.60 1 -- -- -3.33
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 -- -- --
Quarterly 3/1/19 0.12 0.12 0.12 0.12 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 3/1/18 0.15 -- --
Quarterly 12/1/17 0.15 -- --
Quarterly 9/1/17 0.15 -- --
Quarterly 6/1/17 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 12/1/19 129.90 134.70 124.80 129.15 6 1 5 0.10
Annual 12/1/18 118.73 122.00 115.60 119.05 6 4 2 1.29
Quarterly 6/1/18 29.82 30.90 29.30 29.65 6 1 5 -1.40
Quarterly 9/1/18 30.18 31.60 28.50 30.10 6 3 2 1.38
Quarterly 12/1/18 34.50 37.10 32.50 34.45 6 3 2 0.58
Quarterly 3/1/19 27.07 28.30 24.90 28.00 3 1 1 0.80

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 3/1/18 24.24 -- --
Quarterly 12/1/17 28.78 -- --
Quarterly 9/1/17 26.90 -- --
Quarterly 6/1/17 29.81 -- --

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 12/1/19 176.87 181.60 172.20 176.10 7 3 2 0.17
Annual 12/1/18 164.58 174.40 160.50 163.25 8 3 2 1.50
Quarterly 6/1/18 41.10 43.00 40.30 40.85 6 1 4 -0.89
Quarterly 9/1/18 41.57 43.80 39.90 41.20 6 3 1 1.20
Quarterly 12/1/18 45.80 48.20 44.10 45.55 6 2 3 0.36
Quarterly 3/1/19 38.25 39.60 36.90 38.25 2 1 1 -1.05

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 3/1/18 34.93 -- --
Quarterly 12/1/17 39.25 -- --
Quarterly 9/1/17 37.22 -- --
Quarterly 6/1/17 40.03 -- --

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 3.41 3.73 3.28 3.35 5 2 -- 0.06
Annual 12/1/18 3.02 3.13 2.95 2.98 5 2 -- 0.53
Quarterly 6/1/18 0.76 0.78 0.74 0.76 5 -- 3 -1.58
Quarterly 9/1/18 0.76 0.81 0.72 0.76 5 2 1 1.31
Quarterly 12/1/18 0.89 0.98 0.86 0.88 5 2 -- 0.89
Quarterly 3/1/19 0.69 0.71 0.65 0.71 3 1 1 -1.45

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 3/1/18 0.60 -- --
Quarterly 12/1/17 1.18 -- --
Quarterly 9/1/17 0.60 -- --
Quarterly 6/1/17 0.64 -- --

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 29.10 29.10 29.10 29.10 1 -- 1 --
Annual 12/1/18 30.00 30.00 30.00 30.00 1 -- 1 --
Quarterly 6/1/18 30.80 30.80 30.80 30.80 1 -- 1 --
Quarterly 9/1/18 30.40 30.40 30.40 30.40 1 -- 1 --
Quarterly 12/1/18 30.00 30.00 30.00 30.00 1 -- 1 --
Quarterly 3/1/19 29.70 29.70 29.70 29.70 1 -- -- --

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 3/1/18 28.14 31.80 -11.52
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

Reference Information - Net Income

Last Actual (FY0): 70.85
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 12/1/19 95.55 99.00 92.50 95.65 6 2 3 -0.02
Annual 12/1/18 88.08 90.00 86.00 88.60 5 2 1 1.64
Quarterly 6/1/18 22.08 22.90 21.70 21.95 6 1 5 -1.51
Quarterly 9/1/18 22.38 23.40 21.10 22.50 5 2 2 1.77
Quarterly 12/1/18 25.12 27.00 21.90 25.50 6 2 3 -1.46
Quarterly 3/1/19 19.60 20.40 18.10 20.30 3 -- 1 -0.51

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 70.85 -- --
Annual 12/1/16 63.70 -- --
Annual 12/1/15 70.28 -- --
Quarterly 3/1/18 17.74 -- --
Quarterly 12/1/17 19.47 -- --
Quarterly 9/1/17 17.55 -- --
Quarterly 6/1/17 19.55 -- --

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

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): 13.72
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 12/1/19 13.62 13.62 13.62 13.62 1 -- -- --
Annual 12/1/18 15.40 15.40 15.40 15.40 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 -- -- --
Quarterly 3/1/19 1.93 1.93 1.93 1.93 1 -- -- --

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 13.72 -- --
Annual 12/1/16 12.62 -- --
Annual 12/1/15 14.44 -- --
Quarterly 9/1/17 3.42 -- --
Quarterly 6/1/17 3.83 -- --

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 1,337.27 1,386.00 1,270.70 1,345.70 7 5 2 0.86
Annual 12/1/18 1,275.26 1,312.80 1,230.30 1,280.00 7 5 1 1.51
Quarterly 6/1/18 309.62 318.30 300.20 310.70 5 2 2 0.98
Quarterly 9/1/18 314.22 330.20 299.80 318.10 5 2 2 0.83
Quarterly 12/1/18 340.36 361.80 327.70 339.30 5 4 -- 1.00
Quarterly 3/1/19 311.73 320.00 298.00 317.20 3 -- 1 0.76

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 3/1/18 302.61 290.24 4.26
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

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

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

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

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

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 -- -- --

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