Macerich (MAC) Tops Q1 FFO by 2c

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Go back to Macerich (MAC) Tops Q1 FFO by 2c

Macerich Announces Quarterly Results

April 27, 2017 4:45 PM EDT

SANTA MONICA, Calif., April 27, 2017 /PRNewswire/ -- The Macerich Company (NYSE Symbol: MAC) today announced results of operations for the quarter ended March 31, 2017, which included net income attributable to the Company of $69.2 million or $.48 per share-diluted for the quarter ended March 31, 2017 compared to net income attributable to the Company for the quarter ended March 31, 2016 of $420.9 million or $2.76 per share-diluted. Included in net income in the first quarter of 2016 results is a $434 million or $2.67 per share of gain, primarily from the sale of joint venture interests in four malls during that... More