First Call Estimates

First Call Estimates

Analyst Ratings

Mean Recommendation:

2.43

Sell

Strong Buy

Reference Information - Earnings Per Share

Last Actual (FY0): 4.47
FY0 End Date: 9/1/19
Ind. Annual Div: 2.48
Hist (5 Yr) Growth %: 27.27
Yield (%): 1.60

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 9/1/22 8.00 8.06 7.95 8.00 3 2 -- 1.91
Annual 9/1/21 7.69 8.40 7.19 7.50 8 5 -- 2.04
Annual 9/1/20 7.20 7.30 6.85 7.25 8 5 -- 2.09
Quarterly 3/1/21 4.92 5.22 4.68 4.90 5 3 -- 1.44
Quarterly 6/1/21 3.97 4.42 3.50 3.87 5 1 1 --
Quarterly 9/1/20 0.10 0.26 0.03 0.06 6 3 -- 465.38
Quarterly 12/1/20 -1.10 -0.90 -1.35 -1.04 5 2 1 -0.18

Actuals - Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 9/1/19 4.47 4.51 -0.91
Annual 9/1/18 3.71 3.77 -1.52
Annual 9/1/17 3.94 3.90 1.15
Quarterly 6/1/20 3.80 3.37 12.65
Quarterly 3/1/20 4.50 4.18 7.66
Quarterly 12/1/19 -1.12 -1.27 12.11
Quarterly 9/1/19 -0.91 -0.86 -5.41

Reference Information - Book Value Per Share

Last Actual (FY0): 13.03
FY0 End Date: 9/1/19
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 9/1/22 58.75 58.75 58.75 58.75 1 -- 1 -4.41
Annual 9/1/21 57.61 57.61 57.61 57.61 1 -- 1 -4.27
Annual 9/1/20 58.87 58.87 58.87 58.87 1 -- 1 -6.76

Actuals - Book Value Per Share

Reported Mean Estimate Surprise % Change
Annual 9/1/19 13.03 -- --
Annual 9/1/18 6.49 -- --
Annual 9/1/17 11.17 52.49 -78.73

Reference Information - Cash Flow Per Share

Last Actual (FY0): 4.03
FY0 End Date: 9/1/19
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 9/1/22 9.48 9.98 8.98 9.48 2 1 -- 3.44
Annual 9/1/21 7.67 8.50 6.83 7.67 2 -- -- --
Annual 9/1/20 8.70 9.94 7.46 8.70 2 1 -- 20.08

Actuals - Cash Flow Per Share

Reported Mean Estimate Surprise % Change
Annual 9/1/19 4.03 4.69 -14.07
Annual 9/1/18 6.00 6.93 -13.42
Annual 9/1/17 5.88 5.95 -1.09

Reference Information - Dividend Per Share

Last Actual (FY0): 2.23
FY0 End Date: 9/1/19
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 9/1/22 2.66 2.68 2.64 2.66 2 -- 1 -1.48
Annual 9/1/21 2.54 2.58 2.51 2.52 3 -- 1 -0.26
Annual 9/1/20 2.36 2.36 2.36 2.36 2 -- -- --
Quarterly 3/1/21 0.62 0.62 0.62 0.62 1 -- -- --
Quarterly 6/1/21 0.62 0.62 0.62 0.62 1 -- -- --
Quarterly 9/1/20 0.62 0.62 0.62 0.62 1 -- -- --
Quarterly 12/1/20 0.62 0.62 0.62 0.62 1 -- -- --

Actuals - Dividend Per Share

Reported Mean Estimate Surprise % Change
Annual 9/1/19 2.23 2.25 -0.79
Annual 9/1/18 2.14 2.16 -1.08
Annual 9/1/17 2.06 2.05 0.73
Quarterly 6/1/20 0.62 0.58 6.90
Quarterly 3/1/20 0.58 0.58 --
Quarterly 12/1/19 0.58 0.58 --

Reference Information - EBIT

Last Actual (FY0): 422.90
FY0 End Date: 9/1/19
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 9/1/22 645.70 648.50 644.00 644.60 3 2 -- 1.57
Annual 9/1/21 646.58 695.10 607.00 634.90 6 4 -- 1.57
Annual 9/1/20 614.28 622.00 607.20 612.45 6 4 -- 1.99
Quarterly 3/1/21 384.20 404.80 360.60 387.20 3 2 -- --
Quarterly 6/1/21 324.60 349.30 298.70 325.80 3 1 1 --
Quarterly 9/1/20 19.74 26.60 14.20 19.10 5 3 -- 50.23
Quarterly 12/1/20 -62.83 -59.20 -69.00 -60.30 3 1 1 --

Actuals - EBIT

Reported Mean Estimate Surprise % Change
Annual 9/1/19 422.90 427.65 -1.11
Annual 9/1/18 351.70 364.27 -3.45
Annual 9/1/17 438.30 450.57 -2.72
Quarterly 6/1/20 300.40 270.76 10.95
Quarterly 3/1/20 357.40 320.34 11.57
Quarterly 12/1/19 -64.80 -74.58 13.11
Quarterly 9/1/19 -48.30 -43.57 -10.85

Reference Information - EBITDA

Last Actual (FY0): 558.20
FY0 End Date: 9/1/19
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 9/1/22 771.27 809.20 736.00 768.60 3 1 1 -1.13
Annual 9/1/21 774.05 826.90 717.00 775.20 6 3 1 0.41
Annual 9/1/20 753.57 785.00 704.00 759.65 6 3 1 0.51
Quarterly 3/1/21 425.01 443.32 399.80 428.45 4 2 -- --
Quarterly 6/1/21 350.04 383.80 321.65 347.35 4 1 1 --
Quarterly 9/1/20 60.44 80.40 42.00 59.30 5 3 -- 8.24
Quarterly 12/1/20 -35.94 -28.20 -55.76 -29.90 4 1 1 --

Actuals - EBITDA

Reported Mean Estimate Surprise % Change
Annual 9/1/19 558.20 553.46 0.86
Annual 9/1/18 482.00 473.54 1.79
Annual 9/1/17 560.50 542.07 3.40
Quarterly 6/1/20 345.10 301.85 14.33
Quarterly 3/1/20 394.20 350.25 12.55
Quarterly 12/1/19 -34.70 -44.06 21.24
Quarterly 9/1/19 -15.30 -10.56 -44.84

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 8.18
FY0 End Date: 9/1/19
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 9/1/22 7.85 8.00 7.69 7.85 2 1 -- 2.95
Annual 9/1/21 7.78 8.40 6.98 7.87 4 3 -- 2.88
Annual 9/1/20 6.89 7.25 6.55 6.86 3 3 -- 4.98
Quarterly 3/1/21 4.80 5.22 4.37 4.80 2 1 -- --
Quarterly 6/1/21 4.15 4.42 3.87 4.15 2 1 -- --
Quarterly 9/1/20 -0.05 0.12 -0.22 -0.05 2 2 -- 81.82
Quarterly 12/1/20 -0.97 -0.89 -1.04 -0.97 2 1 -- --

Actuals - GAAP Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 9/1/19 8.18 8.04 1.74
Annual 9/1/18 1.12 3.39 -66.99
Annual 9/1/17 3.63 4.20 -13.57
Quarterly 6/1/20 3.55 3.12 13.96
Quarterly 3/1/20 4.47 3.93 13.74
Quarterly 12/1/19 -1.28 -1.29 0.58
Quarterly 9/1/19 -1.04 -0.86 -20.46

Reference Information - Net Debt

Last Actual (FY0): 1,632.80
FY0 End Date: 9/1/19
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 9/1/22 877.00 877.00 877.00 877.00 1 -- -- --
Annual 9/1/21 1,230.00 1,230.00 1,230.00 1,230.00 1 -- -- --
Annual 9/1/20 1,563.00 1,563.00 1,563.00 1,563.00 1 -- -- --

Actuals - Net Debt

Reported Mean Estimate Surprise % Change
Annual 9/1/19 1,632.80 -- --
Annual 9/1/18 1,982.50 -- --
Annual 9/1/17 1,280.60 1,480.00 -13.47

Reference Information - Net Income

Last Actual (FY0): 251.80
FY0 End Date: 9/1/19
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 9/1/22 451.03 455.00 445.10 453.00 3 2 -- 1.96
Annual 9/1/21 433.23 479.80 409.60 424.05 6 5 -- 1.48
Annual 9/1/20 409.13 414.90 396.00 411.00 6 5 -- 2.29
Quarterly 3/1/21 279.97 295.80 264.50 279.60 3 3 -- --
Quarterly 6/1/21 236.67 253.80 214.00 242.20 3 2 1 --
Quarterly 9/1/20 3.36 6.70 1.50 2.80 5 5 -- 304.88
Quarterly 12/1/20 -60.77 -57.50 -66.30 -58.50 3 3 -- --

Actuals - Net Income

Reported Mean Estimate Surprise % Change
Annual 9/1/19 251.80 253.77 -0.78
Annual 9/1/18 211.60 215.47 -1.79
Annual 9/1/17 236.90 237.72 -0.34
Quarterly 6/1/20 216.80 188.30 15.14
Quarterly 3/1/20 253.80 226.34 12.13
Quarterly 12/1/19 -62.40 -71.69 12.96
Quarterly 9/1/19 -50.70 -48.67 -4.17

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 9/1/22 -134.80 -134.80 -134.80 -134.80 1 -- -- --
Annual 9/1/21 -134.80 -134.80 -134.80 -134.80 1 -- -- --
Annual 9/1/20 -180.80 -180.80 -180.80 -180.80 1 -- -- --
Quarterly 9/1/20 -60.00 -60.00 -60.00 -60.00 1 -- -- --

Actuals - Operating Profit

Reported Mean Estimate Surprise % Change

Reference Information - Return On Equity

Last Actual (FY0): 46.51
FY0 End Date: 9/1/19
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 9/1/22 47.50 47.50 47.50 47.50 1 -- -- -3.26
Annual 9/1/21 54.05 54.70 53.40 54.05 2 -- -- 0.28
Annual 9/1/20 57.10 58.30 55.90 57.10 2 -- -- 5.16

Actuals - Return On Equity

Reported Mean Estimate Surprise % Change
Annual 9/1/19 46.51 58.98 -12.47
Annual 9/1/18 41.44 35.68 5.76
Annual 9/1/17 34.04 36.10 -2.06

Reference Information - Sales

Last Actual (FY0): 3,156.00
FY0 End Date: 9/1/19
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 9/1/22 4,217.33 4,382.00 4,113.00 4,157.00 3 1 1 0.53
Annual 9/1/21 4,168.13 4,382.00 3,910.00 4,155.50 6 3 1 0.72
Annual 9/1/20 4,129.27 4,141.50 4,101.40 4,135.00 6 4 -- 0.76
Quarterly 3/1/21 1,483.07 1,541.60 1,401.00 1,494.85 4 1 1 --
Quarterly 6/1/21 1,419.68 1,473.50 1,336.71 1,434.25 4 -- 1 --
Quarterly 9/1/20 889.14 900.20 860.10 895.00 5 3 -- 2.02
Quarterly 12/1/20 467.10 494.89 442.00 465.75 4 2 -- --

Actuals - Sales

Reported Mean Estimate Surprise % Change
Annual 9/1/19 3,156.00 3,109.83 1.48
Annual 9/1/18 2,663.40 2,667.16 -0.14
Annual 9/1/17 2,642.10 2,710.17 -2.51
Quarterly 6/1/20 1,492.70 1,305.53 14.34
Quarterly 3/1/20 1,382.80 1,325.03 4.36
Quarterly 12/1/19 365.80 341.67 7.06
Quarterly 9/1/19 497.70 451.55 10.22

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