Macerich(MAC)

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Macerich Q2 FFO Misses Estimates, Occupancy Declines Y/Y
ZACKS· 2025-08-12 18:01
Key Takeaways MAC posted Q2 FFO of $0.32, missing estimates and down from $0.44 last-year quarter.Q2 revenues rose 15.9% year over year to $249.8 million, beating consensus estimates.Leased square footage signed increased Y/Y, driving higher NOI and base rent re-leasing spreads.The Macerich Company (MAC) reported second-quarter 2025 funds from operations (FFO) per share of 32 cents, missing the Zacks Consensus Estimate of 34 cents. The reported figure compares unfavorably with the prior-year quarter’s 44 ce ...
Macerich (MAC) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2025-08-12 00:31
For the quarter ended June 2025, Macerich (MAC) reported revenue of $249.79 million, up 15.9% over the same period last year. EPS came in at $0.32, compared to $1.16 in the year-ago quarter.The reported revenue represents a surprise of +3.35% over the Zacks Consensus Estimate of $241.7 million. With the consensus EPS estimate being $0.34, the EPS surprise was -5.88%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ne ...
Macerich (MAC) Q2 FFO Miss Estimates
ZACKS· 2025-08-12 00:01
Macerich (MAC) came out with quarterly funds from operations (FFO) of $0.32 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to FFO of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -5.88%. A quarter ago, it was expected that this shopping center real estate investment trust would post FFO of $0.31 per share when it actually produced FFO of $0.33, delivering a surprise of +6.45%.Over the last ...
Macerich(MAC) - 2025 Q2 - Earnings Call Transcript
2025-08-11 22:02
The Macerich Company (MAC) Q2 2025 Earnings Call August 11, 2025 05:00 PM ET Company ParticipantsSamantha Greening - AVP - Investor RelationsJackson Hsieh - President, CEO & DirectorDoug Healey - Senior EVP - LeasingDan Swanstrom - Senior EVP, CFO & TreasurerKi Bin Kim - MD - US REIT Equity ResearchMichael Griffin - DirectorJeffrey Spector - Managing DirectorFloris van Dijkum - MD & Equity ResearchBrad Miller - SVP - Asset ManagementVince Tibone - Managing Director and Head of US Industrial & Mall ResearchR ...
Macerich(MAC) - 2025 Q2 - Earnings Call Transcript
2025-08-11 22:00
The Macerich Company (MAC) Q2 2025 Earnings Call August 11, 2025 05:00 PM ET Speaker0Ladies and gentlemen, thank you for standing by. Welcome to the Second Quarter twenty twenty five Macerich Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone.You will then hear an automated message advising your hand is raised. To wi ...
Macerich(MAC) - 2025 Q2 - Quarterly Report
2025-08-11 20:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File No.: 1-12504 THE MACERICH COMPANY (Exact name of registrant as specified in its charter) Maryland 95-4448705 (State or other juris ...
Macerich Reports Second Quarter 2025 Results
Globenewswire· 2025-08-11 20:06
Core Viewpoint - The Macerich Company has released its Second Quarter 2025 Earnings Results and will discuss these results in a conference call scheduled for August 11, 2025 [1][2]. Company Overview - Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT) focused on high-quality retail real estate in densely populated U.S. markets [4]. - The company's portfolio includes 42 million square feet of real estate, primarily consisting of interests in 39 retail centers [4]. - Macerich has achieved a 1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for ten consecutive years from 2015 to 2024 [4]. Investor Relations - The company utilizes its Investor Relations website for disclosing material nonpublic information and complying with disclosure obligations under Regulation FD [5]. - Additional information can be accessed through social media platforms such as LinkedIn [5].
Macerich(MAC) - 2025 Q2 - Quarterly Results
2025-08-11 20:05
Exhibit 99.1 Earnings Results & Supplemental Information For the Three and Six Months Ended June 30, 2025 Table of Contents All information included in this supplemental financial package is unaudited, unless otherwise indicated. | | Page No. | | --- | --- | | Executive Summary & Financial Highlights | 1 | | Executive Summary | 1 | | Financial Highlights | 4 | | Capital Information | 8 | | Capital Information and Market Capitalization | 8 | | Changes in Total Common and Equivalent Shares/Units | 9 | | Finan ...
The Macerich Company: A Turnaround In Progress, But Too Many Risks For Now
Seeking Alpha· 2025-08-06 02:02
Core Insights - The Macerich Company (NYSE: MAC) is being revisited for potential investment opportunities after a previous experience during the COVID-19 crash, where shares were bought at approximately $10 and sold at around $15 [1] Group 1: Investment Strategy - The investment strategy focuses on identifying Real Estate Investment Trusts (REITs) that are currently out-of-favor, utilizing fundamental economic insights to assess intrinsic value [1] - The investment horizon is long-term, emphasizing contrarian and deep-value opportunities [1] Group 2: Current Position and Future Considerations - Currently, there are no shares owned in Macerich, but there is potential interest in initiating a position if the stock approaches a P/FFO multiple of 8x or if there are improvements in deleveraging and operational execution in upcoming quarters [3]
Macerich Schedules Second Quarter 2025 Earnings Release and Conference Call
Globenewswire· 2025-07-18 11:00
SANTA MONICA, Calif., July 18, 2025 (GLOBE NEWSWIRE) -- WHAT: Macerich (NYSE: MAC) Schedules Second Quarter 2025 Earnings Release and Conference Call WHEN: Earnings Results will be released after market on Monday, August 11, 2025. Management will hold a conference call at 2:00 pm Pacific Time (5:00 pm Eastern Time) on that same day to discuss quarterly results. WHERE: Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in num ...