First Call Estimates

Analyst Ratings

Mean Recommendation:

2.34

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 1.47
FY0 End Date: 12/1/19
Ind. Annual Div: 0.50
Hist (5 Yr) Growth %: --
Yield (%): 2.78

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 0.64 1.62 -0.27 0.52 12 4 3 7.40
Annual 12/1/21 0.04 0.68 -0.49 0.07 31 10 8 124.09
Annual 12/1/20 0.13 0.42 -0.36 0.14 31 5 12 -25.26
Quarterly 3/1/21 -0.04 0.10 -0.15 -0.06 19 7 4 28.10
Quarterly 6/1/20 -0.03 0.04 -0.16 -0.02 27 5 11 -304.68
Quarterly 9/1/20 -0.05 0.07 -0.25 -0.05 27 5 9 -37.17
Quarterly 12/1/20 -0.05 0.09 -0.20 -0.06 27 9 7 -15.31

Actuals - Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/19 1.47 1.45 1.05
Annual 12/1/18 1.62 1.63 -0.66
Annual 12/1/17 1.50 1.46 2.89
Quarterly 3/1/20 0.25 0.24 2.27
Quarterly 12/1/19 0.39 0.37 6.41
Quarterly 9/1/19 0.43 0.40 6.71
Quarterly 6/1/19 0.35 0.35 0.68

Reference Information - Book Value Per Share

Last Actual (FY0): 17.16
FY0 End Date: 12/1/19
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 12/1/22 10.11 10.73 9.58 10.06 4 -- 2 -2.33
Annual 12/1/21 10.08 12.79 7.42 10.20 8 -- 4 -5.17
Annual 12/1/20 10.72 13.14 8.85 10.81 8 -- 4 -4.49
Quarterly 3/1/21 10.39 10.86 9.64 10.68 3 -- 2 -2.96
Quarterly 6/1/20 11.18 11.41 10.86 11.22 4 -- 2 -0.53
Quarterly 9/1/20 10.91 11.24 10.32 11.04 4 -- 2 -1.51
Quarterly 12/1/20 10.62 11.06 9.78 10.83 4 -- 2 -2.25

Actuals - Book Value Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/19 17.16 18.49 -7.22
Annual 12/1/18 26.13 26.29 -0.61
Annual 12/1/17 26.90 28.45 -5.42
Quarterly 3/1/20 11.52 17.14 -32.82
Quarterly 12/1/19 17.16 17.29 -0.76
Quarterly 9/1/19 17.28 25.77 -32.95
Quarterly 6/1/19 25.92 25.89 0.13

Reference Information - Cash Flow Per Share

Last Actual (FY0): 3.92
FY0 End Date: 12/1/19
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 12/1/22 2.64 3.62 2.00 2.49 5 2 2 -0.14
Annual 12/1/21 1.91 2.75 1.50 1.82 12 3 5 -1.03
Annual 12/1/20 1.99 2.64 1.42 2.09 11 -- 7 -9.35
Quarterly 3/1/21 0.33 0.51 -0.18 0.43 5 1 1 1.24
Quarterly 6/1/20 0.45 0.80 0.11 0.49 9 -- 5 -13.82
Quarterly 9/1/20 0.36 0.49 0.06 0.41 9 -- 5 -11.36
Quarterly 12/1/20 0.44 0.82 0.26 0.44 9 2 4 -7.00

Actuals - Cash Flow Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/19 3.92 3.74 4.75
Annual 12/1/18 4.12 3.76 9.53
Annual 12/1/17 4.08 3.96 3.12
Quarterly 3/1/20 0.57 0.63 -9.92
Quarterly 12/1/19 1.61 1.04 54.47
Quarterly 9/1/19 1.26 1.15 10.01
Quarterly 6/1/19 0.79 0.99 -20.26

Reference Information - Dividend Per Share

Last Actual (FY0): 2.00
FY0 End Date: 12/1/19
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 12/1/22 0.50 0.50 0.50 0.50 10 -- -- 10.00
Annual 12/1/21 0.52 1.00 0.50 0.50 21 -- -- 4.76
Annual 12/1/20 0.84 1.25 0.50 0.88 20 1 -- 6.52
Quarterly 3/1/21 0.13 0.13 0.12 0.13 6 -- -- --
Quarterly 6/1/20 0.20 0.50 0.12 0.13 10 -- -- --
Quarterly 9/1/20 0.13 0.13 0.12 0.13 10 -- -- --
Quarterly 12/1/20 0.13 0.13 0.12 0.13 10 -- -- --

Actuals - Dividend Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/19 2.00 2.00 0.02
Annual 12/1/18 2.00 2.00 0.00
Annual 12/1/17 2.00 2.00 0.15
Quarterly 3/1/20 0.50 0.48 3.93
Quarterly 12/1/19 0.50 0.50 --
Quarterly 9/1/19 0.50 0.50 --
Quarterly 6/1/19 0.50 0.50 --

Reference Information - EBIT

Last Actual (FY0): 3,092.00
FY0 End Date: 12/1/19
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 12/1/22 1,854.85 4,015.00 1,021.00 1,645.79 12 5 3 4.62
Annual 12/1/21 686.47 2,026.00 -245.00 694.00 24 8 6 0.75
Annual 12/1/20 841.42 1,472.00 412.94 801.00 21 5 7 -5.98
Quarterly 3/1/21 91.50 289.00 -103.00 106.50 8 2 3 -7.11
Quarterly 6/1/20 137.03 384.00 -2.00 120.94 18 3 8 -10.78
Quarterly 9/1/20 111.94 373.00 -106.00 87.41 18 5 6 -6.71
Quarterly 12/1/20 105.11 366.00 -132.00 64.15 18 7 4 8.38

Actuals - EBIT

Reported Mean Estimate Surprise % Change
Annual 12/1/19 3,092.00 3,034.08 1.91
Annual 12/1/18 3,191.00 3,341.99 -4.52
Annual 12/1/17 2,902.00 2,996.98 -3.17
Quarterly 3/1/20 570.00 581.02 -1.90
Quarterly 12/1/19 807.00 804.68 0.29
Quarterly 9/1/19 881.00 848.19 3.87
Quarterly 6/1/19 724.00 758.52 -4.55

Reference Information - EBITDA

Last Actual (FY0): 6,610.00
FY0 End Date: 12/1/19
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 12/1/22 4,223.14 5,815.00 2,929.00 4,161.87 13 4 3 1.12
Annual 12/1/21 3,332.61 4,610.00 2,426.30 3,289.40 29 8 6 0.32
Annual 12/1/20 3,667.40 4,695.00 3,213.00 3,629.26 28 4 9 -0.82
Quarterly 3/1/21 757.15 949.00 584.63 737.58 14 4 3 1.27
Quarterly 6/1/20 791.04 898.00 695.12 790.00 21 2 10 -4.40
Quarterly 9/1/20 771.12 920.00 670.66 759.00 21 5 7 -1.14
Quarterly 12/1/20 761.23 955.00 620.55 733.00 21 8 4 1.02

Actuals - EBITDA

Reported Mean Estimate Surprise % Change
Annual 12/1/19 6,610.00 6,593.56 0.25
Annual 12/1/18 6,747.00 6,793.96 -0.69
Annual 12/1/17 6,739.00 6,807.66 -1.01
Quarterly 3/1/20 1,362.00 1,382.53 -1.48
Quarterly 12/1/19 1,639.00 1,593.74 2.84
Quarterly 9/1/19 1,765.00 1,734.76 1.74
Quarterly 6/1/19 1,668.00 1,624.13 2.70

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): -7.32
FY0 End Date: 12/1/19
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 12/1/22 0.75 1.90 -0.22 0.55 7 2 1 6.53
Annual 12/1/21 0.09 0.68 -0.47 0.08 16 5 1 46.30
Annual 12/1/20 -4.32 0.45 -6.58 -5.41 13 1 4 -4.81
Quarterly 3/1/21 -0.01 0.10 -0.09 -- 6 2 2 57.14
Quarterly 6/1/20 -0.02 0.10 -0.16 -- 11 1 4 -211.76
Quarterly 9/1/20 -0.07 0.06 -0.41 -0.04 11 1 3 -382.35
Quarterly 12/1/20 -0.08 0.10 -0.41 -0.06 11 3 2 -137.84

Actuals - GAAP Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/19 -7.32 -7.18 -1.91
Annual 12/1/18 1.53 1.52 0.66
Annual 12/1/17 -1.08 0.97 -211.59
Quarterly 3/1/20 -5.32 0.25 -2,228.00
Quarterly 12/1/19 0.24 0.37 -35.14
Quarterly 9/1/19 -8.22 0.40 -2,135.37
Quarterly 6/1/19 0.35 0.35 0.29

Reference Information - Net Debt

Last Actual (FY0): 13,127.00
FY0 End Date: 12/1/19
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 12/1/22 11,798.74 13,988.00 9,541.00 11,817.33 10 4 2 1.34
Annual 12/1/21 12,922.09 14,031.00 11,500.00 12,938.12 13 6 2 2.13
Annual 12/1/20 13,564.20 14,610.00 12,308.35 13,502.00 13 8 -- 3.65
Quarterly 3/1/21 13,668.99 14,347.00 12,990.98 13,668.99 2 2 -- 5.02
Quarterly 6/1/20 13,435.59 14,079.00 12,607.95 13,512.00 5 2 2 1.26
Quarterly 9/1/20 13,454.58 14,165.00 12,515.88 13,367.00 5 4 -- 3.04
Quarterly 12/1/20 13,261.47 14,384.00 12,308.35 13,383.00 5 4 -- 3.73

Actuals - Net Debt

Reported Mean Estimate Surprise % Change
Annual 12/1/19 13,127.00 13,688.48 -4.10
Annual 12/1/18 13,274.00 14,530.73 -8.65
Annual 12/1/17 13,110.00 13,371.39 -1.95
Quarterly 3/1/20 13,298.00 13,522.61 -1.66
Quarterly 12/1/19 13,127.00 13,692.00 -4.13
Quarterly 9/1/19 14,381.00 14,182.18 1.40
Quarterly 6/1/19 14,728.00 14,341.95 2.69

Reference Information - Net Income

Last Actual (FY0): 2,054.00
FY0 End Date: 12/1/19
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 12/1/22 871.39 2,266.00 -368.00 671.00 11 4 3 8.29
Annual 12/1/21 47.60 952.00 -683.00 90.24 24 9 6 16.05
Annual 12/1/20 183.19 605.00 -505.00 210.00 25 5 10 -27.91
Quarterly 3/1/21 -33.84 39.94 -136.80 -26.00 7 2 3 -30.93
Quarterly 6/1/20 -29.76 58.00 -219.00 -17.11 18 3 9 -561.78
Quarterly 9/1/20 -61.68 94.00 -354.00 -48.00 18 4 8 -149.57
Quarterly 12/1/20 -63.76 125.00 -284.00 -72.05 18 6 6 -64.74

Actuals - Net Income

Reported Mean Estimate Surprise % Change
Annual 12/1/19 2,054.00 2,023.40 1.51
Annual 12/1/18 2,261.00 2,263.40 -0.11
Annual 12/1/17 2,085.00 2,021.86 3.12
Quarterly 3/1/20 351.00 340.75 3.01
Quarterly 12/1/19 545.00 515.45 5.73
Quarterly 9/1/19 596.00 563.06 5.85
Quarterly 6/1/19 492.00 487.48 0.93

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 12/1/22 -- -- -- -- -- -- -- --
Annual 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Quarterly 3/1/21 -- -- -- -- -- -- -- --
Quarterly 12/1/20 -- -- -- -- -- -- -- --
Quarterly 9/1/20 -- -- -- -- -- -- -- --
Quarterly 6/1/20 -- -- -- -- -- -- -- --

Actuals - Operating Profit

Reported 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): 6.81
FY0 End Date: 12/1/19
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 12/1/22 6.61 14.00 2.96 5.80 5 -- -- 20.81
Annual 12/1/21 0.30 7.00 -3.70 0.20 9 -- -- 2,430.56
Annual 12/1/20 -5.00 1.50 -58.00 0.80 10 -- -- -630.04
Quarterly 3/1/21 -0.08 1.05 -1.20 -0.08 2 -- -- -155.56
Quarterly 6/1/20 1.23 6.00 -2.30 -0.01 3 -- -- -23.44
Quarterly 9/1/20 0.45 4.50 -2.90 -0.26 3 -- -- -50.19
Quarterly 12/1/20 -1.46 1.30 -3.80 -1.88 3 -- -- 24.09

Actuals - Return On Equity

Reported Mean Estimate Surprise % Change
Annual 12/1/19 6.81 6.78 0.03
Annual 12/1/18 6.19 6.12 0.07
Annual 12/1/17 5.35 4.73 0.62
Quarterly 3/1/20 5.39 5.42 -0.03
Quarterly 12/1/19 9.07 7.85 1.22
Quarterly 9/1/19 7.98 5.96 2.02
Quarterly 6/1/19 5.47 5.57 -0.10

Reference Information - Sales

Last Actual (FY0): 32,917.00
FY0 End Date: 12/1/19
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 12/1/22 23,668.16 28,500.00 20,553.00 22,911.00 13 1 6 -3.14
Annual 12/1/21 21,138.94 25,825.00 17,922.00 21,250.22 28 3 12 -2.30
Annual 12/1/20 23,257.65 26,082.00 21,654.49 23,225.80 28 2 13 -2.00
Quarterly 3/1/21 5,070.45 6,039.85 4,354.39 5,081.00 11 2 3 -1.14
Quarterly 6/1/20 5,447.26 5,890.00 4,910.07 5,409.86 22 1 11 -3.89
Quarterly 9/1/20 5,133.08 5,933.00 4,590.98 5,162.50 22 2 10 -3.31
Quarterly 12/1/20 5,069.41 5,620.00 4,560.67 5,066.63 22 3 10 -2.89

Actuals - Sales

Reported Mean Estimate Surprise % Change
Annual 12/1/19 32,917.00 32,888.46 0.09
Annual 12/1/18 32,815.00 32,706.20 0.33
Annual 12/1/17 30,440.00 30,380.90 0.19
Quarterly 3/1/20 7,455.00 7,520.90 -0.88
Quarterly 12/1/19 8,228.00 8,154.23 0.90
Quarterly 9/1/19 8,541.00 8,502.80 0.45
Quarterly 6/1/19 8,269.00 8,110.67 1.95

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