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AAP
AAP
Business
Derek Rose

'Soft' earnings season for Australia's major companies

Australia United States Diana Mousina Amp Morningstar
Top listed companies just beat expectations this profit season but ended a losing streak. (Susie Dodds/AAP PHOTOS)

Australia's listed corporations snapped a three-year streak of declining earnings this profit season, but their gains lagged those of their global peers, particularly in the US tech sector.

"It was quite a soft earnings season," VanEck senior portfolio manager Cameron McCormack told AAP.

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