Countdown to Macerich (MAC) Q4 Earnings: Wall Street Forecasts for Key Metrics

Core Viewpoint - Wall Street analysts anticipate a decline in Macerich's quarterly earnings per share, projecting $0.43, which reflects an 8.5% year-over-year decrease, while revenues are expected to increase by 3.5% to $283.31 million [1] Earnings Estimates - There has been a downward revision of 3.1% in the consensus EPS estimate over the last 30 days, indicating a reassessment by analysts of their initial forecasts [1][2] Revenue Projections - Analysts predict 'Leasing Revenue- Minimum rents' will reach $167.66 million, showing a year-over-year increase of 5.4% [4] - 'Management Companies revenues' are expected to decline to $6.09 million, reflecting a 21.1% decrease from the previous year [4] - 'Leasing Revenue- Tenant recoveries' is forecasted at $71.99 million, indicating a year-over-year increase of 9.3% [4] - 'Leasing Revenue- Percentage rents' is estimated to be $18.92 million, suggesting a 16.2% year-over-year decline [5] - 'Depreciation and amortization' is expected to be $92.30 million [5] Stock Performance - Over the past month, Macerich shares have returned -1.2%, compared to the Zacks S&P 500 composite's -1.7% change, indicating a slight outperformance relative to the index [5] - With a Zacks Rank of 4 (Sell), Macerich is expected to underperform the overall market in the near term [5]