Macerich Announces Quarterly Results

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Macerich (MAC) Tops Q1 EPS by 4c, Revenues Beat; FY19 EPS Guidance Above Consensus

May 2, 2019 7:29 AM EDT

Macerich (NYSE: MAC) reported Q1 EPS of $0.05, $0.04 better than the analyst estimate of $0.01. Revenue for the quarter came in at $226.52 million versus the consensus estimate of $217.06 million.

"While 2019 started with a heavy volume of retailer bankruptcies, all of which we had anticipated, the... More