First Call Estimates

Analyst Ratings

Mean Recommendation:

2.20

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 (%): 2.67

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 1.16 1.87 0.56 1.20 18 1 1 -0.19
Annual 12/1/21 0.64 0.97 -0.08 0.68 28 2 1 -0.13
Annual 12/1/20 0.55 0.67 0.44 0.56 26 1 -- -1.00
Quarterly 3/1/21 0.12 0.19 0.03 0.12 21 1 -- -1.35
Quarterly 6/1/21 0.16 0.23 0.04 0.17 20 1 -- -0.02
Quarterly 9/1/20 0.12 0.17 0.07 0.12 25 1 1 -2.37
Quarterly 12/1/20 0.13 0.22 0.04 0.13 25 1 1 -2.88

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 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
Quarterly 9/1/19 0.43 0.40 6.71

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 10.40 12.47 8.62 10.28 5 1 -- 0.08
Annual 12/1/21 8.99 11.41 6.16 9.32 7 1 1 -1.79
Annual 12/1/20 8.92 10.77 7.34 8.91 7 1 -- 0.22
Quarterly 3/1/21 8.41 8.61 8.21 8.41 2 -- -- --
Quarterly 6/1/21 8.42 8.61 8.23 8.42 2 -- -- --
Quarterly 9/1/20 8.46 8.66 8.11 8.60 3 -- -- --
Quarterly 12/1/20 8.06 8.63 7.34 8.22 3 -- -- --

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 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
Quarterly 9/1/19 17.28 25.77 -32.95

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 2.76 3.66 2.13 2.79 7 -- -- --
Annual 12/1/21 2.30 2.84 1.81 2.31 11 1 -- 0.04
Annual 12/1/20 2.21 2.71 1.42 2.32 10 1 -- 1.10
Quarterly 3/1/21 0.49 0.59 0.20 0.55 6 -- -- --
Quarterly 6/1/21 0.58 0.66 0.50 0.58 6 -- -- --
Quarterly 9/1/20 0.44 0.62 0.06 0.50 8 -- -- --
Quarterly 12/1/20 0.57 0.91 0.46 0.52 8 -- -- --

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 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
Quarterly 9/1/19 1.26 1.15 10.01

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 13 -- -- --
Annual 12/1/21 0.50 0.50 0.50 0.50 18 -- -- --
Annual 12/1/20 0.92 1.25 0.50 0.88 16 -- -- 2.77
Quarterly 3/1/21 0.13 0.13 0.13 0.13 5 -- -- --
Quarterly 6/1/21 0.13 0.13 0.13 0.13 5 -- -- --
Quarterly 9/1/20 0.13 0.13 0.13 0.13 8 -- -- --
Quarterly 12/1/20 0.13 0.13 0.13 0.13 8 -- -- --

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 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 --
Quarterly 9/1/19 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 2,624.67 4,294.00 1,515.29 2,628.00 17 2 1 -0.15
Annual 12/1/21 1,856.80 2,690.00 810.00 1,876.50 24 3 1 0.21
Annual 12/1/20 1,527.07 1,732.00 1,357.00 1,518.86 15 1 -- 2.21
Quarterly 3/1/21 356.15 452.00 256.00 360.00 11 1 -- -1.74
Quarterly 6/1/21 426.52 510.60 340.00 443.00 11 1 -- -0.25
Quarterly 9/1/20 389.39 545.00 331.00 367.31 18 2 -- 3.63
Quarterly 12/1/20 402.05 581.00 227.00 381.30 18 2 -- 2.83

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 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
Quarterly 9/1/19 881.00 848.19 3.87

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 4,824.85 5,784.00 3,861.47 4,954.15 17 1 2 -0.32
Annual 12/1/21 4,107.59 4,506.60 3,240.00 4,135.00 25 2 2 0.07
Annual 12/1/20 4,099.78 4,331.00 3,936.47 4,100.01 24 2 -- 0.31
Quarterly 3/1/21 944.45 1,055.80 809.14 947.50 16 1 1 -0.73
Quarterly 6/1/21 1,008.78 1,110.60 919.00 1,015.11 16 1 1 -0.35
Quarterly 9/1/20 963.45 1,032.60 857.86 968.00 19 2 -- 0.19
Quarterly 12/1/20 978.61 1,165.50 834.00 967.20 19 2 -- 0.87

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 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
Quarterly 9/1/19 1,765.00 1,734.76 1.74

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 1.00 1.90 -0.22 1.00 9 -- -- --
Annual 12/1/21 0.54 0.94 -0.45 0.58 14 1 -- -3.13
Annual 12/1/20 -6.14 0.45 -8.01 -7.60 10 -- -- 1.94
Quarterly 3/1/21 0.11 0.16 0.03 0.12 7 -- -- -8.07
Quarterly 6/1/21 0.13 0.19 0.04 0.13 7 -- -- -4.59
Quarterly 9/1/20 0.04 0.14 -0.26 0.11 10 -- -- -18.45
Quarterly 12/1/20 0.05 0.16 -0.25 0.08 10 -- -- -18.29

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 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
Quarterly 9/1/19 -8.22 0.40 -2,135.37

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 11,037.41 13,084.00 8,900.00 10,887.65 10 1 1 -0.30
Annual 12/1/21 12,841.76 14,484.00 11,441.88 12,959.86 12 1 1 -0.31
Annual 12/1/20 14,021.12 16,055.00 13,059.00 13,983.40 12 1 1 -0.30
Quarterly 3/1/21 13,989.85 14,633.56 13,534.00 13,802.00 3 -- -- --
Quarterly 6/1/21 13,825.57 14,356.70 13,506.00 13,614.00 3 -- -- --
Quarterly 9/1/20 13,801.75 14,577.76 13,167.00 13,691.00 5 -- 1 -0.74
Quarterly 12/1/20 13,804.84 14,616.18 13,069.00 13,742.00 5 -- 1 -0.74

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 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
Quarterly 9/1/19 14,381.00 14,182.18 1.40

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 1,618.15 2,606.00 772.28 1,658.00 15 2 1 -0.18
Annual 12/1/21 895.44 1,319.85 -111.00 935.00 23 2 1 -0.88
Annual 12/1/20 764.42 940.09 606.00 780.00 21 1 -- 0.11
Quarterly 3/1/21 165.67 232.00 87.00 163.00 11 1 -- -2.89
Quarterly 6/1/21 221.54 307.40 136.00 235.00 11 1 -- -0.47
Quarterly 9/1/20 165.70 221.00 94.80 170.00 18 2 -- 2.91
Quarterly 12/1/20 173.00 303.00 62.00 185.49 18 2 -- -1.34

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 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
Quarterly 9/1/19 596.00 563.06 5.85

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

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 10.73 19.00 3.50 10.72 7 -- -- -1.13
Annual 12/1/21 6.04 10.00 1.00 6.33 8 -- -- -0.78
Annual 12/1/20 3.76 4.44 1.20 4.06 8 -- -- -0.10
Quarterly 3/1/21 4.26 4.26 4.26 4.26 1 -- -- --
Quarterly 6/1/21 5.90 5.90 5.90 5.90 1 -- -- --
Quarterly 9/1/20 4.18 4.90 3.46 4.18 2 -- -- --
Quarterly 12/1/20 2.57 2.84 2.30 2.57 2 -- -- --

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 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
Quarterly 9/1/19 7.98 5.96 2.02

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 24,387.15 30,070.00 21,499.00 23,796.63 18 1 2 -0.62
Annual 12/1/21 22,070.11 24,769.00 19,559.00 21,852.08 26 2 2 0.07
Annual 12/1/20 23,544.48 24,054.80 23,213.00 23,537.48 26 2 1 0.04
Quarterly 3/1/21 5,244.09 6,151.35 4,647.00 5,268.50 14 -- 1 -0.97
Quarterly 6/1/21 5,419.02 5,833.40 4,899.00 5,472.00 13 -- 1 -0.47
Quarterly 9/1/20 5,394.98 5,587.90 5,325.00 5,366.00 21 3 -- 0.10
Quarterly 12/1/20 5,335.09 5,692.00 5,075.27 5,354.40 21 2 1 0.11

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 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
Quarterly 9/1/19 8,541.00 8,502.80 0.45

Copyright Refinitiv