Estonian investment research company ENLIGHT Research has published its report on the 3rd quarter results of listed Tallinna Kaubamaja, which confirms that food retail “shine” in any weather.
Q3 sales and earnings beat analysts’ estimates. Food retail sales again showed strength in a sluggish economy. In addition, auto sales also posted an excellent quarter, although a slowdown was expected. Evaluating the results, ENLIGHT Research raised its earnings estimates and restated its dividend estimates.
2023-10-23 08:07:47
#ENLIGHT #Research #recommends #buying #Tallinna #Kaubamaja #shares
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