Macerich (MAC) Tops Q1 EPS by 4c, Revenues Beat; FY19 EPS Guidance Above Consensus
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Macerich Announces Quarterly Results
May 2, 2019 7:01 AM EDTSANTA MONICA, Calif., May 2, 2019 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced results of operations for the quarter ended March 31, 2019, which included net income attributable to the Company of $7.8 million or $.05 per share-diluted for the quarter ended March 31, 2019 compared to a net loss attributable to the Company for the quarter ended March 31, 2018 of $33.6 million or $.24 per share-diluted. For the first quarter 2019, funds from operations ("FFO")-diluted, excluding loss on extinguishment of debt, was $122.3 million or $.81 per share-diluted compared to $123.5 million or $.82 per share-diluted for the quarter ended March 31, 2018. A... More
