Macerich Announces Quarterly Results

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Go back to Macerich Announces Quarterly Results

Macerich (MAC) Tops Q3 EPS by 25c, Revenues Beat; Provides FY19 Outlook

October 31, 2019 7:25 AM EDT

Macerich (NYSE: MAC) reported Q3 EPS of $0.33, $0.25 better than the analyst estimate of $0.08. Revenue for the quarter came in at $231.13 million versus the consensus estimate of $219.94 million.

Results and Highlights:

Mall tenant annual sales per square foot for the portfolio increased by 13.2% to $800 for the twelve months ended September 30, 2019... More