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 %: 9.58
Hist (5 Yr) Stability %: 13.43
Yield (%): 0.89

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 3.83 4.19 3.70 3.78 6 -- -- -1.20
Annual 12/1/19 3.42 3.64 3.30 3.40 8 1 6 -2.56
Annual 12/1/18 3.02 3.04 3.00 3.02 8 -- 8 -3.10
Quarterly 12/1/18 0.83 0.85 0.81 0.83 8 -- 8 -7.99
Quarterly 3/1/19 0.68 0.77 0.64 0.66 5 1 2 0.59
Quarterly 6/1/19 0.90 0.92 0.88 0.89 5 1 4 -1.78
Quarterly 9/1/19 0.86 0.89 0.82 0.87 5 2 3 -3.50
Long Term Growth 16.62 20.64 12.60 16.62 2 -- 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 9/1/18 0.76 0.80 -5.15
Quarterly 6/1/18 0.82 0.76 8.30
Quarterly 3/1/18 0.60 0.57 5.53
Quarterly 12/1/17 0.65 0.62 5.10

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 12/1/20 19.77 19.89 19.65 19.77 2 1 -- -0.53
Annual 12/1/19 19.38 19.42 19.34 19.38 2 2 -- 0.49
Annual 12/1/18 19.57 20.31 18.83 19.57 2 2 -- 1.38
Quarterly 12/1/18 18.83 18.83 18.83 18.83 1 1 -- --
Quarterly 3/1/19 18.94 18.94 18.94 18.94 1 1 -- --
Quarterly 6/1/19 19.09 19.09 19.09 19.09 1 1 -- --
Quarterly 9/1/19 19.22 19.22 19.22 19.22 1 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 9/1/18 18.69 -- --
Quarterly 6/1/18 18.42 -- --
Quarterly 3/1/18 17.87 -- --
Quarterly 12/1/17 18.06 -- --

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 12/1/20 3.47 3.47 3.47 3.47 1 -- -- --
Annual 12/1/19 2.95 2.95 2.95 2.95 1 -- 1 --
Annual 12/1/18 2.53 2.53 2.53 2.53 1 -- 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 -- -- --
Quarterly 6/1/19 1.27 1.27 1.27 1.27 1 -- -- --
Quarterly 9/1/19 1.32 1.32 1.32 1.32 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

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 12/1/20 0.84 0.84 0.84 0.84 1 -- -- --
Annual 12/1/19 0.72 0.72 0.72 0.72 1 1 -- --
Annual 12/1/18 0.63 0.63 0.63 0.63 1 1 -- --
Quarterly 12/1/18 0.18 0.18 0.18 0.18 1 1 -- --
Quarterly 3/1/19 0.18 0.18 0.18 0.18 1 1 -- --
Quarterly 6/1/19 0.18 0.18 0.18 0.18 1 1 -- --
Quarterly 9/1/19 0.18 0.18 0.18 0.18 1 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 9/1/18 0.15 -- --
Quarterly 6/1/18 0.15 -- --
Quarterly 3/1/18 0.15 -- --
Quarterly 12/1/17 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 12/1/20 146.94 160.60 140.10 144.00 5 1 2 -1.11
Annual 12/1/19 134.01 143.30 129.10 131.80 7 2 5 -0.72
Annual 12/1/18 119.77 121.00 118.80 119.60 7 -- 7 -3.23
Quarterly 12/1/18 32.79 34.00 31.80 32.60 7 -- 7 -6.84
Quarterly 3/1/19 26.40 28.40 25.10 26.30 5 2 2 -0.83
Quarterly 6/1/19 34.98 36.30 34.00 34.90 5 -- 4 -1.13
Quarterly 9/1/19 34.02 35.20 32.10 33.90 5 3 1 0.87

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 9/1/18 29.88 -- --
Quarterly 6/1/18 32.87 -- --
Quarterly 3/1/18 24.24 -- --
Quarterly 12/1/17 28.78 -- --

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 12/1/20 191.95 196.50 187.10 192.10 4 -- 2 -0.78
Annual 12/1/19 177.91 187.40 173.80 175.70 7 1 6 -1.70
Annual 12/1/18 161.97 163.20 160.90 161.70 7 -- 7 -2.79
Quarterly 12/1/18 43.43 44.40 42.60 43.35 6 -- 6 -6.37
Quarterly 3/1/19 37.42 40.00 36.00 37.00 5 1 3 -1.07
Quarterly 6/1/19 46.30 48.00 45.70 45.70 5 1 3 -1.13
Quarterly 9/1/19 45.54 47.00 43.00 45.80 5 2 2 0.69

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 9/1/18 40.17 -- --
Quarterly 6/1/18 43.23 -- --
Quarterly 3/1/18 34.93 -- --
Quarterly 12/1/17 39.25 -- --

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 12/1/20 3.86 4.19 3.70 3.80 5 -- 2 -1.00
Annual 12/1/19 3.40 3.64 3.30 3.40 7 -- 4 -2.31
Annual 12/1/18 3.03 3.08 3.00 3.02 7 1 5 -2.03
Quarterly 12/1/18 0.84 0.86 0.82 0.83 7 -- 5 -7.09
Quarterly 3/1/19 0.67 0.73 0.64 0.66 5 -- 1 -2.09
Quarterly 6/1/19 0.90 0.92 0.88 0.89 5 -- 3 -2.01
Quarterly 9/1/19 0.87 0.91 0.82 0.88 5 2 1 -1.60

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 9/1/18 0.76 -- --
Quarterly 6/1/18 0.82 -- --
Quarterly 3/1/18 0.60 -- --
Quarterly 12/1/17 1.18 -- --

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 12/1/20 31.75 34.60 28.90 31.75 2 -- 1 23.46
Annual 12/1/19 26.65 29.90 23.40 26.65 2 1 1 3.38
Annual 12/1/18 27.95 31.40 24.50 27.95 2 1 1 0.36
Quarterly 12/1/18 31.40 31.40 31.40 31.40 1 1 -- --
Quarterly 3/1/19 31.00 31.00 31.00 31.00 1 1 -- --
Quarterly 6/1/19 30.60 30.60 30.60 30.60 1 1 -- --
Quarterly 9/1/19 30.20 30.20 30.20 30.20 1 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 9/1/18 11.81 30.40 -61.16
Quarterly 6/1/18 20.70 30.80 -32.81
Quarterly 3/1/18 28.14 31.80 -11.52
Quarterly 12/1/17 37.05 -181.55 120.41

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 12/1/20 107.38 117.10 102.30 105.00 5 1 2 -0.52
Annual 12/1/19 98.57 105.20 95.40 96.60 7 2 5 -0.70
Annual 12/1/18 88.31 89.00 87.90 88.30 7 -- 7 -2.99
Quarterly 12/1/18 24.10 25.00 23.50 24.10 7 -- 7 -6.99
Quarterly 3/1/19 19.26 20.90 18.50 19.00 5 -- 1 -0.93
Quarterly 6/1/19 25.74 26.20 25.10 26.00 5 -- 3 -0.31
Quarterly 9/1/19 24.88 26.00 23.00 25.10 5 3 1 -0.24

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 9/1/18 22.09 -- --
Quarterly 6/1/18 24.30 -- --
Quarterly 3/1/18 17.74 -- --
Quarterly 12/1/17 19.47 -- --

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

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 12/1/20 21.00 21.00 21.00 21.00 1 -- 1 --
Annual 12/1/19 18.30 18.30 18.30 18.30 1 -- 1 --
Annual 12/1/18 15.70 15.70 15.70 15.70 1 -- 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 -- -- --
Quarterly 6/1/19 3.18 3.18 3.18 3.18 1 -- -- --
Quarterly 9/1/19 2.97 2.97 2.97 2.97 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 -- --

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 12/1/20 1,491.90 1,581.60 1,445.00 1,471.90 5 2 1 -1.03
Annual 12/1/19 1,406.69 1,454.80 1,387.40 1,400.50 8 5 2 0.71
Annual 12/1/18 1,310.99 1,317.00 1,303.90 1,312.55 8 1 6 -0.47
Quarterly 12/1/18 346.27 352.70 339.60 348.20 6 -- 6 -1.68
Quarterly 3/1/19 326.78 330.80 323.10 326.60 4 4 -- --
Quarterly 6/1/19 352.58 354.80 349.90 352.80 4 3 1 --
Quarterly 9/1/19 354.93 358.00 353.00 354.35 4 4 -- 3.54

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 9/1/18 331.38 327.80 1.09
Quarterly 6/1/18 330.34 314.10 5.17
Quarterly 3/1/18 302.61 290.24 4.26
Quarterly 12/1/17 306.12 300.95 1.72

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

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 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --
Annual 12/1/18 -- -- -- -- -- -- -- --
Quarterly 12/1/18 -- -- -- -- -- -- -- --
Quarterly 3/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --

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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