Sep 3, 2026 – 4.38pmAfter the relentless barrage of ASX earnings announcements during the August reporting season, the one thing that stood out the most for Goldman Sachs was the number of companies that rallied on better-than-expected results only to give up those gains in the days and weeks that followed.Goldman’s Australian equity strategist Matthew Ross said almost half of the companies on the S&P/ASX 200 Index rose or fell by 5 per cent on their earnings result, compared with a long-term average of 28 per cent.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
The one thing that caught Goldman Sachs’ notice this earnings season
An unusual trend emerged in August, and it was not the record number of S&P/ASX 200 stocks to swing 5 per cent on results day.
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