Macerich(MAC)
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Compared to Estimates, Macerich (MAC) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-30 15:01
Macerich (MAC) reported $208.78 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.8%. EPS of $0.31 for the same period compares to -$0.27 a year ago.The reported revenue represents a surprise of -3.93% over the Zacks Consensus Estimate of $217.32 million. With the consensus EPS estimate being $0.39, the EPS surprise was -20.51%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...
Macerich (MAC) Q1 FFO and Revenues Miss Estimates
Zacks Investment Research· 2024-04-30 13:36
Macerich (MAC) came out with quarterly funds from operations (FFO) of $0.31 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to FFO of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -20.51%. A quarter ago, it was expected that this shopping center real estate investment trust would post FFO of $0.55 per share when it actually produced FFO of $0.56, delivering a surprise of 1.82%.Over the last ...
Macerich(MAC) - 2024 Q1 - Quarterly Results
2024-04-30 10:56
Exhibit 99.1 Earnings Results & Supplemental Information For the Three Months Ended March 31, 2024 The Macerich Company Earnings Results & Supplemental Information For the Three Months Ended March 31, 2024 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 ...
Macerich Declares the Quarterly Dividend on Its Common Shares
Newsfilter· 2024-04-26 11:00
SANTA MONICA, Calif., April 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE:MAC) declared a quarterly cash dividend of $.17 per share of common stock. The dividend is payable on June 3, 2024, to stockholders of record at the close of business on May 20, 2024. About Macerich Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated an ...
Is It Wise to Retain Macerich (MAC) Stock in Your Portfolio?
Zacks Investment Research· 2024-04-15 15:21
The Macerich Company (MAC) , with a solid leasing pipeline, is likely to continue witnessing healthy leasing activity at its properties in the quarters ahead, driving occupancy. Its focus on omnichannel retailing augurs well.The shift toward re-use and mixed-use properties through recapture and repositioning of anchor tenants remains a key emphasis, while bringing brands to new markets at its mall is likely to attract shoppers. However, growing e-commerce adoption raises concerns for the company. High inter ...
Macerich(MAC) - 2023 Q4 - Annual Report
2024-02-26 16:35
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 OR ☐ 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) (State or other jurisdiction of ...
Macerich(MAC) - 2023 Q4 - Earnings Call Transcript
2024-02-07 21:39
The Macerich Company (NYSE:MAC) Q4 2023 Results Conference Call February 7, 2024 1:00 PM ET Company Participants Samantha Greening - Director Investor Relations Tom O’Hern - Chief Executive Officer Scott Kingsmore - Senior Executive Vice President and Chief Financial Officer Doug Healey - Senior Executive Vice President, Leasing Conference Call Participants Jeffrey Spector - Bank of America Securities Viktor Fediv - Scotiabank Samir Khanal - Evercore Floris Van Dijkum - Compass Point Todd Thomas - KeyBanc C ...
Macerich(MAC) - 2023 Q3 - Quarterly Report
2023-11-06 21:05
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 September 30, 2023 ☐ 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 2 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b- ...
Macerich(MAC) - 2023 Q2 - Quarterly Report
2023-08-09 15:35
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, 2023 ☐ 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(MAC) - 2023 Q2 - Earnings Call Transcript
2023-08-08 22:10
The Macerich Company (NYSE:MAC) Q2 2023 Earnings Conference Call August 8, 2023 1:00 PM ET Company Participants Samantha Greening - Investor Relations Tom O’Hern - Chief Executive Officer Scott Kingsmore - Senior Executive Vice President and Chief Financial Officer Doug Healey - Senior Executive Vice President, Leasing Conference Call Participants Viktor Fediv - Scotiabank Lizzy Doykan - Bank of America Sanket Agrawal - Evercore Floris van Dijkum - Compass Point Linda Tsai - Jefferies Alexander Goldfarb - P ...