First Call Estimates

First Call Estimates

Analyst Ratings

Mean Recommendation:

2.57

Sell

Strong Buy

Reference Information - Earnings Per Share

Last Actual (FY0): 3.71
FY0 End Date: 9/1/18
Ind. Annual Div: 2.20
Hist (5 Yr) Growth %: -9.97
Yield (%): 2.46

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 9/1/21 4.95 4.95 4.95 4.95 1 -- -- --
Annual 9/1/20 4.78 5.29 4.50 4.71 8 4 -- 1.65
Annual 9/1/19 4.31 4.40 4.20 4.35 7 6 -- 2.43
Quarterly 3/1/20 3.75 3.95 3.65 3.67 5 4 -- 6.42
Quarterly 6/1/19 2.74 2.87 2.68 2.70 5 2 3 0.11
Quarterly 9/1/19 -0.66 -0.57 -0.74 -0.64 5 1 4 -17.86
Quarterly 12/1/19 -1.30 -1.27 -1.32 -1.31 5 3 2 2.11
Long Term Growth 10.80 10.80 10.80 10.80 1 -- -- 0.00

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 3.71 3.77 -1.52
Annual 9/1/17 3.94 3.90 1.15
Annual 9/1/16 3.90 3.79 3.00
Quarterly 3/1/19 3.64 3.42 6.43
Quarterly 12/1/18 -1.39 -1.25 -11.35
Quarterly 9/1/18 -0.75 -0.67 -12.22
Quarterly 6/1/18 2.67 2.58 3.69

Reference Information - Book Value Per Share

Last Actual (FY0): 6.49
FY0 End Date: 9/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 9/1/21 55.68 55.68 55.68 55.68 1 -- -- --
Annual 9/1/20 54.99 54.99 54.99 54.99 1 -- -- --
Annual 9/1/19 -- -- -- -- -- -- -- --

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 6.49 -- --
Annual 9/1/17 11.17 -- --
Annual 9/1/16 12.01 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 6.00
FY0 End Date: 9/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 9/1/21 6.05 6.05 6.05 6.05 1 -- -- --
Annual 9/1/20 6.38 6.93 5.82 6.38 2 1 -- 7.50
Annual 9/1/19 5.22 5.95 4.48 5.22 2 1 -- 10.02
Quarterly 3/1/20 -3.74 -3.74 -3.74 -3.74 1 -- -- --
Quarterly 6/1/19 3.33 3.33 3.33 3.33 1 -- 1 -55.72
Quarterly 9/1/19 8.07 8.07 8.07 8.07 1 1 -- 3.33
Quarterly 12/1/19 -2.68 -2.68 -2.68 -2.68 1 -- 1 -25.23

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 6.00 6.93 -13.42
Annual 9/1/17 5.88 5.95 -1.09
Annual 9/1/16 3.83 6.49 -40.94
Quarterly 3/1/19 -5.59 -6.14 8.96
Quarterly 12/1/18 -4.22 -3.62 -16.57
Quarterly 9/1/18 6.24 7.90 -21.01
Quarterly 6/1/18 8.52 11.75 -27.49

Reference Information - Dividend Per Share

Last Actual (FY0): 2.14
FY0 End Date: 9/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 9/1/21 2.34 2.34 2.34 2.34 1 -- -- --
Annual 9/1/20 2.34 2.46 2.27 2.30 3 -- -- --
Annual 9/1/19 2.21 2.23 2.17 2.22 3 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 2.14 -- --
Annual 9/1/17 2.06 -- --
Annual 9/1/16 1.91 -- --

Reference Information - EBIT

Last Actual (FY0): 351.70
FY0 End Date: 9/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - EBIT

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 9/1/21 444.90 462.00 427.80 444.90 2 1 -- 0.35
Annual 9/1/20 448.86 487.00 428.51 443.70 7 3 1 0.34
Annual 9/1/19 413.89 420.80 401.60 415.05 6 2 2 1.02
Quarterly 3/1/20 299.81 319.60 290.10 294.76 4 2 -- 1.37
Quarterly 6/1/19 226.67 236.30 223.37 224.70 5 1 3 -0.68
Quarterly 9/1/19 -24.57 -6.30 -35.60 -25.05 5 1 3 -26.02
Quarterly 12/1/19 -76.12 -74.30 -78.00 -76.08 4 3 -- 4.34

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 351.70 -- --
Annual 9/1/17 438.30 -- --
Annual 9/1/16 419.90 -- --
Quarterly 3/1/19 291.40 -- --
Quarterly 12/1/18 -78.90 -- --
Quarterly 9/1/18 -34.70 -- --
Quarterly 6/1/18 216.10 -- --

Reference Information - EBITDA

Last Actual (FY0): 482.00
FY0 End Date: 9/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - EBITDA

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 9/1/21 561.00 561.00 561.00 561.00 1 -- -- --
Annual 9/1/20 561.73 583.26 532.00 570.70 6 2 1 -0.04
Annual 9/1/19 535.54 550.70 509.00 542.50 5 3 1 1.61
Quarterly 3/1/20 329.73 353.37 320.50 322.53 4 2 -- 2.38
Quarterly 6/1/19 256.98 266.80 247.70 256.70 4 1 2 0.29
Quarterly 9/1/19 9.68 24.70 -0.70 7.37 4 -- 3 -35.54
Quarterly 12/1/19 -45.38 -39.49 -55.00 -43.52 4 2 1 4.27

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 482.00 -- --
Annual 9/1/17 560.50 -- --
Annual 9/1/16 517.40 -- --
Quarterly 3/1/19 327.40 -- --
Quarterly 12/1/18 -47.40 -- --
Quarterly 9/1/18 0.40 -- --
Quarterly 6/1/18 253.70 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 1.12
FY0 End Date: 9/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 9/1/21 4.95 4.95 4.95 4.95 1 -- -- --
Annual 9/1/20 4.75 5.29 4.31 4.70 4 3 -- 0.96
Annual 9/1/19 7.67 7.88 7.45 7.67 2 2 -- 92.11
Quarterly 3/1/20 3.57 3.64 3.50 3.57 2 -- -- 2.00
Quarterly 6/1/19 2.64 2.73 2.54 2.64 2 1 -- 4.01
Quarterly 9/1/19 -0.58 -0.39 -0.76 -0.58 2 -- 1 -2.68
Quarterly 12/1/19 -1.35 -1.34 -1.36 -1.35 2 1 -- 2.53

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 1.12 -- --
Annual 9/1/17 3.63 -- --
Annual 9/1/16 5.17 -- --
Quarterly 3/1/19 7.09 -- --
Quarterly 12/1/18 -1.44 -- --
Quarterly 9/1/18 -2.65 -- --
Quarterly 6/1/18 1.47 -- --

Reference Information - Net Debt

Last Actual (FY0): 1,982.50
FY0 End Date: 9/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Net Debt

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 9/1/21 -- -- -- -- -- -- -- --
Annual 9/1/20 -- -- -- -- -- -- -- --
Annual 9/1/19 -- -- -- -- -- -- -- --
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --
Quarterly 9/1/19 -- -- -- -- -- -- -- --
Quarterly 6/1/19 -- -- -- -- -- -- -- --

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 1,982.50 -- --
Annual 9/1/17 1,280.60 -- --
Annual 9/1/16 1,266.00 -- --

Reference Information - Net Income

Last Actual (FY0): 211.60
FY0 End Date: 9/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Net Income

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 9/1/21 274.00 274.00 274.00 274.00 1 -- -- --
Annual 9/1/20 269.23 299.00 255.80 258.00 7 3 -- 0.60
Annual 9/1/19 242.52 249.00 235.90 242.01 6 4 1 2.39
Quarterly 3/1/20 206.36 222.90 195.80 203.37 4 2 -- 1.74
Quarterly 6/1/19 152.33 160.40 149.47 150.00 5 1 3 -0.42
Quarterly 9/1/19 -34.89 -21.30 -42.30 -35.30 5 1 3 -11.33
Quarterly 12/1/19 -73.39 -72.35 -74.60 -73.30 4 3 -- 3.63

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 211.60 -- --
Annual 9/1/17 236.90 -- --
Annual 9/1/16 241.60 -- --
Quarterly 3/1/19 203.20 -- --
Quarterly 12/1/18 -77.00 -- --
Quarterly 9/1/18 -41.60 -- --
Quarterly 6/1/18 150.10 -- --

Reference Information - Operating Profit

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

Analyst Forecasts - Operating Profit

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 9/1/21 461.80 461.80 461.80 461.80 1 -- -- --
Annual 9/1/20 438.98 481.00 402.73 433.20 3 1 -- -0.04
Annual 9/1/19 382.03 382.03 382.03 382.03 1 1 -- 1.26
Quarterly 3/1/20 -- -- -- -- -- -- -- --
Quarterly 12/1/19 -- -- -- -- -- -- -- --

Actuals - Operating Profit

Reported EPS Mean Estimate Surprise % Change

Reference Information - Return On Equity

Last Actual (FY0): 41.44
FY0 End Date: 9/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
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 9/1/21 39.30 39.30 39.30 39.30 1 -- -- --
Annual 9/1/20 44.35 46.40 42.30 44.35 2 -- -- -15.92
Annual 9/1/19 60.35 82.10 46.56 52.40 3 -- -- 10.73

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 41.44 -- --
Annual 9/1/17 34.04 -- --
Annual 9/1/16 35.44 -- --

Reference Information - Sales

Last Actual (FY0): 2,663.40
FY0 End Date: 9/1/18
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Sales

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 9/1/21 3,103.00 3,103.00 3,103.00 3,103.00 1 -- -- --
Annual 9/1/20 3,064.86 3,223.00 3,007.00 3,046.00 7 5 -- 0.78
Annual 9/1/19 2,977.77 3,012.20 2,963.00 2,969.10 6 6 -- 1.07
Quarterly 3/1/20 1,215.57 1,273.20 1,182.70 1,212.30 5 3 -- 2.74
Quarterly 6/1/19 1,047.49 1,064.20 1,034.50 1,042.64 5 3 1 1.03
Quarterly 9/1/19 445.72 459.90 420.08 448.00 5 1 2 -1.05
Quarterly 12/1/19 311.43 319.00 307.60 308.90 5 1 -- 0.45

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 9/1/18 2,663.40 2,667.16 -0.14
Annual 9/1/17 2,642.10 2,710.17 -2.51
Annual 9/1/16 2,836.10 2,805.27 1.10
Quarterly 3/1/19 1,189.90 1,158.77 2.69
Quarterly 12/1/18 298.10 287.25 3.78
Quarterly 9/1/18 433.90 441.10 -1.63
Quarterly 6/1/18 994.60 1,000.28 -0.57

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