Macerich Announces Quarterly Results

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Macerich (MAC) Tops Q2 EPS by 3c, Revenues Beat; FY19 EPS Guidance Above Consensus

August 1, 2019 7:31 AM EDT

Macerich (NYSE: MAC) reported Q2 EPS of $0.11, $0.03 better than the analyst estimate of $0.08. Revenue for the quarter came in at $227.97 million versus the consensus estimate of $214.11 million.

Results and Highlights

Mall tenant annual sales per square foot for the portfolio increased by 12.1% to $776 for the twelve months... More