Macerich (MAC) Misses Q4 FFO by 11c

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Go back to Macerich (MAC) Misses Q4 FFO by 11c

Macerich Announces Quarterly Results

February 5, 2018 4:15 PM EST

SANTA MONICA, Calif., Feb. 5, 2018 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced results of operations for the quarter ended December 31, 2017, which included net income attributable to the Company of $32.8 million or $.23 per share-diluted for the quarter ended December 31, 2017 compared to net income attributable to the Company for the quarter ended December 31, 2016 of $37.1 million or $.26 per share-diluted. For the fourth quarter, 2017, funds from operations ("FFO") diluted was $155.6 million or $1.03 per share-diluted compared to $180.6 million or $1.17 per share-diluted for the quarter ended December 31, 2016. Net income and FFO for the quarter ended December 31, 2017... More