Macerich (MAC) Reports FFO of $0.81

Macerich (NYSE: MAC) reported Q1 FFO of $0.81, vs $0.81 last year. Revenue for the quarter came in at $227 million versus the consensus estimate of $211.03 million.

Guidance:

• On March 27, 2020, given the complex and rapidly evolving circumstances surrounding the Covid-19 pandemic, the Company withdrew its previously published 2020 Guidance, and is not providing an updated outlook at this time.
• Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.

For earnings history and earnings-related data on Macerich (MAC) click here.

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