Macerich (MAC) Tops Q2 EPS by 4c

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Macerich Announces Strong Quarterly Results

August 1, 2016 7:00 AM EDT

SANTA MONICA, Calif., Aug. 1, 2016 /PRNewswire/ -- The Macerich Company (NYSE Symbol: MAC) today announced results of operations for the quarter ended June 30, 2016, which included net income attributable to the Company of $45.2 million or $.31 per share-diluted for the quarter ended June 30, 2016 compared to net income attributable to the Company for the quarter ended June 30, 2015 of $14.4 million or $.09 per share-diluted. For the quarter, funds from operations ("FFO") diluted was $160.3 million or $1.02 per share-diluted compared to $151.0 million or $.89 per share-diluted for the quarter ended June 30, 2015.    A description and reconciliation of EPS per share-diluted to... More