ze around $30.00, flattish y/y, with sales down -4%, margins up -3%, and - I% from share count shrink. Analysts continue to cut 4Q15 EPS and btm-up 4Q EPS is $29.72 now, down from $31.21 on 9/1/2015. Our 4Q EPS estimate is $30.25, essentially flat y/y. We think 4Q growth will be slow: (1) FX will be a

ze around $30.00, flattish y/y, with sales down —4%, margins up —3%, and —1% from share count shrink. Analysts continue to cut 4Q15 EPS and btm-up 4Q EPS is $29.72 now, down from $31.21 on 9/1/2015. Our 4Q EPS estimate is $30.25, essentially flat y/y. We think 4Q growth will be slow: (1) FX will be a