Macerich (MAC) Tops Q2 FFO by 4c/Share; Boosts FY15 FFO Outlook

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Go back to Macerich (MAC) Tops Q2 FFO by 4c/Share; Boosts FY15 FFO Outlook

Macerich Announces Quarterly Results

July 23, 2015 8:01 AM EDT

SANTA MONICA, Calif., July 23, 2015 /PRNewswire/ -- The Macerich Company (NYSE Symbol: MAC) today announced results of operations for the quarter ended June 30, 2015, which included funds from operations ("FFO")  diluted of $151.0  million or $.89 per share-diluted compared to $129.8  million or $.86 per share-diluted for the quarter ended June 30, 2014.  Included in the 2015 second quarter results is a loss on extinguishment of debt of $1.6 million or $.01 per share-diluted and $11.4 million or $.07 per share-diluted of expenses related to an unsolicited takeover attempt and contested proxy.  Net income attributable to the Company was $14.4 million or $.09 per share-diluted for the... More