Macerich (MAC) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Macerich reported revenue of $261.7 million for the quarter ended December 2025, reflecting a 4.4% decline year-over-year and a surprise of -7.63% compared to the Zacks Consensus Estimate of $283.31 million [1] - The company's EPS was $0.48, a significant improvement from -$0.89 in the same quarter last year, resulting in a positive surprise of +10.73% against the consensus estimate of $0.43 [1] Financial Performance - Minimum rents generated $151.87 million, falling short of the average estimate of $167.66 million by three analysts, marking a year-over-year decrease of -4.6% [4] - Management Companies revenues were reported at $6.44 million, exceeding the average estimate of $6.09 million, but still showing a year-over-year decline of -16.6% [4] - Tenant recoveries amounted to $65.23 million, below the average estimate of $71.99 million, with a year-over-year change of -1% [4] - Percentage rents reached $19.31 million, slightly above the estimated $18.92 million, but represented a -14.5% change compared to the previous year [4] - Net Earnings Per Share (Diluted) was reported at -$0.07, compared to the average estimate of -$0.01 from four analysts [4] Stock Performance - Over the past month, Macerich's shares have returned +2%, contrasting with a -1.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]