First Call Estimates

Analyst Ratings

Mean Recommendation:

2.24

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 (%): 2.26

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 1.23 1.84 0.77 1.18 20 1 1 -0.68
Annual 12/1/21 0.83 1.14 0.63 0.83 29 3 2 3.43
Annual 12/1/20 0.64 0.82 0.55 0.64 28 3 -- -0.60
Quarterly 3/1/21 0.16 0.20 0.12 0.16 22 4 -- -0.59
Quarterly 6/1/21 0.19 0.25 0.14 0.19 22 2 2 -0.57
Quarterly 9/1/21 0.23 0.33 0.18 0.23 21 3 2 -0.65
Quarterly 12/1/20 0.17 0.21 0.13 0.17 24 3 -- -2.26

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 9/1/20 0.16 0.13 27.69
Quarterly 6/1/20 0.05 -0.01 62.63
Quarterly 3/1/20 0.25 0.24 2.27
Quarterly 12/1/19 0.39 0.37 6.41

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 9.96 11.73 8.11 9.81 6 -- 1 -1.36
Annual 12/1/21 9.35 11.15 8.04 9.19 7 -- 2 -0.85
Annual 12/1/20 9.10 10.87 8.28 8.83 7 -- 2 -0.23
Quarterly 3/1/21 8.60 8.93 8.14 8.74 3 -- 1 1.94
Quarterly 6/1/21 8.63 8.98 8.10 8.80 3 -- 1 2.09
Quarterly 9/1/21 8.68 9.08 8.08 8.87 3 -- 1 2.38
Quarterly 12/1/20 8.63 8.90 8.27 8.72 3 -- 1 1.59

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 9/1/20 8.89 8.51 4.37
Quarterly 6/1/20 8.97 11.18 -19.73
Quarterly 3/1/20 11.52 17.14 -32.82
Quarterly 12/1/19 17.16 17.29 -0.76

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 2.95 3.64 2.46 2.97 9 1 -- 0.08
Annual 12/1/21 2.55 2.79 2.20 2.62 12 3 -- -0.23
Annual 12/1/20 2.35 2.72 1.68 2.51 11 2 1 0.30
Quarterly 3/1/21 0.51 0.63 0.26 0.57 7 3 -- 2.31
Quarterly 6/1/21 0.65 0.74 0.60 0.64 7 3 -- -0.72
Quarterly 9/1/21 0.71 0.88 0.62 0.69 7 3 -- -1.46
Quarterly 12/1/20 0.60 1.06 0.48 0.55 9 3 -- -0.75

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 9/1/20 0.34 0.47 -27.11
Quarterly 6/1/20 0.58 0.39 47.83
Quarterly 3/1/20 0.57 0.63 -9.92
Quarterly 12/1/19 1.61 1.04 54.47

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 0.53 0.87 0.50 0.50 15 -- -- 0.86
Annual 12/1/21 0.53 0.87 0.50 0.50 20 -- -- 0.78
Annual 12/1/20 0.96 1.25 0.50 1.06 18 1 -- 4.77
Quarterly 3/1/21 0.13 0.13 0.13 0.13 8 1 -- --
Quarterly 6/1/21 0.13 0.13 0.12 0.13 8 -- -- --
Quarterly 9/1/21 0.13 0.13 0.12 0.13 8 -- -- --
Quarterly 12/1/20 0.13 0.13 0.13 0.13 9 1 -- --

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 9/1/20 0.13 0.13 --
Quarterly 6/1/20 0.13 0.20 -35.64
Quarterly 3/1/20 0.50 0.48 3.93
Quarterly 12/1/19 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 2,754.85 4,081.00 2,109.00 2,610.74 17 1 1 -0.20
Annual 12/1/21 2,148.48 2,911.60 1,732.41 2,073.68 22 2 2 1.50
Annual 12/1/20 1,640.30 1,667.59 1,611.19 1,637.34 11 -- 1 -0.31
Quarterly 3/1/21 441.37 659.50 366.00 413.80 13 3 -- 3.77
Quarterly 6/1/21 493.23 605.10 448.00 476.00 13 2 1 2.21
Quarterly 9/1/21 562.98 864.40 473.00 524.00 12 2 1 5.54
Quarterly 12/1/20 447.66 629.00 112.00 439.00 17 2 1 -1.21

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 9/1/20 412.00 388.87 5.95
Quarterly 6/1/20 227.00 149.03 52.32
Quarterly 3/1/20 548.00 581.02 -5.68
Quarterly 12/1/19 807.00 804.68 0.29

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 4,989.92 5,911.00 4,509.00 4,961.61 18 1 1 -0.08
Annual 12/1/21 4,322.73 4,823.00 3,928.96 4,312.60 24 3 2 -0.07
Annual 12/1/20 4,210.49 4,334.00 4,137.31 4,204.25 24 3 2 -0.10
Quarterly 3/1/21 994.01 1,065.00 944.70 988.50 16 4 -- -0.11
Quarterly 6/1/21 1,054.89 1,124.00 982.10 1,057.15 16 2 1 0.13
Quarterly 9/1/21 1,115.66 1,213.93 1,031.07 1,104.16 16 2 1 0.17
Quarterly 12/1/20 1,027.07 1,069.00 986.40 1,022.70 17 3 1 -0.51

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 9/1/20 999.00 968.44 3.16
Quarterly 6/1/20 751.00 791.52 -5.12
Quarterly 3/1/20 1,362.00 1,382.53 -1.48
Quarterly 12/1/19 1,639.00 1,593.74 2.84

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 1.17 1.84 0.90 1.11 8 1 -- 0.21
Annual 12/1/21 0.83 1.04 0.72 0.80 13 2 -- 0.15
Annual 12/1/20 -7.71 -7.62 -7.85 -7.67 7 -- -- --
Quarterly 3/1/21 0.16 0.19 0.12 0.16 9 2 -- 0.98
Quarterly 6/1/21 0.19 0.20 0.17 0.19 9 1 -- 0.30
Quarterly 9/1/21 0.21 0.25 0.20 0.21 8 2 -- 1.19
Quarterly 12/1/20 0.11 0.19 -0.04 0.16 10 1 -- 1.94

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 9/1/20 -0.06 0.06 -115.00
Quarterly 6/1/20 -2.47 -0.09 -2,380.91
Quarterly 3/1/20 -5.32 0.25 -2,228.00
Quarterly 12/1/19 0.24 0.37 -35.14

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 11,122.80 13,130.00 9,150.00 11,189.00 11 1 -- 0.32
Annual 12/1/21 12,886.90 15,145.00 11,593.00 12,501.40 11 1 -- 0.11
Annual 12/1/20 14,206.57 16,544.00 13,310.00 13,764.52 11 -- 1 -0.23
Quarterly 3/1/21 13,429.67 13,550.00 13,346.00 13,393.00 3 -- -- --
Quarterly 6/1/21 13,229.67 13,261.00 13,186.00 13,242.00 3 -- -- --
Quarterly 9/1/21 13,126.50 13,373.00 12,880.00 13,126.50 2 -- -- --
Quarterly 12/1/20 13,609.75 13,783.00 13,310.00 13,673.00 4 -- -- --

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 9/1/20 13,926.00 13,544.95 2.81
Quarterly 6/1/20 13,777.00 13,317.39 3.45
Quarterly 3/1/20 13,298.00 13,522.61 -1.66
Quarterly 12/1/19 13,127.00 13,692.00 -4.13

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 1,734.35 2,573.00 1,247.00 1,651.61 17 1 1 -0.70
Annual 12/1/21 1,172.95 1,585.00 945.54 1,165.00 24 2 2 4.12
Annual 12/1/20 908.91 1,132.00 828.40 884.00 21 3 1 -0.82
Quarterly 3/1/21 219.10 279.00 167.00 212.00 13 3 -- -1.04
Quarterly 6/1/21 268.10 354.00 212.00 264.00 13 2 1 0.12
Quarterly 9/1/21 312.28 458.00 259.00 297.00 12 2 1 0.16
Quarterly 12/1/20 236.46 294.00 178.90 234.00 17 3 -- -3.30

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 9/1/20 228.00 169.16 34.78
Quarterly 6/1/20 69.00 -11.10 721.65
Quarterly 3/1/20 351.00 340.75 3.01
Quarterly 12/1/19 545.00 515.45 5.73

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

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 11.48 18.00 3.50 11.34 8 -- -- -1.47
Annual 12/1/21 7.96 10.00 1.00 8.91 10 -- -- 0.77
Annual 12/1/20 4.41 5.33 1.20 4.84 8 -- -- 0.94
Quarterly 3/1/21 6.97 8.80 5.10 7.00 3 -- -- -11.81
Quarterly 6/1/21 8.73 9.80 7.40 9.00 3 -- -- -1.87
Quarterly 9/1/21 9.23 10.70 8.00 9.00 3 -- -- -6.26
Quarterly 12/1/20 6.75 8.80 4.70 6.75 2 -- -- -23.30

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 9/1/20 7.61 5.39 2.22
Quarterly 6/1/20 1.94 1.23 0.71
Quarterly 3/1/20 5.39 5.42 -0.03
Quarterly 12/1/19 9.07 7.85 1.22

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 23,619.34 28,433.00 21,452.00 23,617.00 19 -- 1 0.20
Annual 12/1/21 21,326.83 24,476.00 19,810.55 21,101.50 26 -- 3 0.38
Annual 12/1/20 23,320.93 23,700.00 23,061.80 23,303.40 26 -- 3 -0.05
Quarterly 3/1/21 4,964.86 5,303.00 4,520.00 4,987.30 16 -- 2 0.66
Quarterly 6/1/21 5,203.79 5,624.20 4,825.00 5,207.45 16 1 1 0.96
Quarterly 9/1/21 5,438.81 6,075.30 5,031.00 5,399.87 16 1 1 0.89
Quarterly 12/1/20 5,230.59 5,464.00 4,994.80 5,234.40 20 -- 2 -0.26

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 9/1/20 5,258.00 5,381.16 -2.29
Quarterly 6/1/20 5,356.00 5,364.85 -0.17
Quarterly 3/1/20 7,455.00 7,520.90 -0.88
Quarterly 12/1/19 8,228.00 8,154.23 0.90

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