Jul 20, 2026 – 4.49pmASX investors should buckle up for another wild earnings season given a proliferation of outdated earnings forecasts from analysts and the wide variations in the numbers.The rise of passive investing and the increasing presence of pod shops and quant funds in the Australian sharemarket, that trade on daily market events, means small beats and misses from a company during the reporting season can trigger outsized share price reactions.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles