Australian Earnings Surprise Investors
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Macquarie analystsReuters
•Aussie earnings season 'positive surprise' so far, but tide could turn, Macquarie says
80% Informative
Australian corporate earnings have been a "positive surprise" amid investor euphoria over estimate-beating margins.
Historical trends suggest results could take a turn as the earnings season approaches its end, Macquarie analysts said.
The upbeat earnings have prompted investors to add back to their portfolio, especially after reducing equity exposure.
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