Macerich Announces Quarterly Results

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Macerich (MAC) Tops Q4 EPS by 1c, Revenues Beat; Provides FY20 EPS Outlook

February 6, 2020 7:16 AM EST

Macerich (NYSE: MAC) reported Q4 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $241.84 million versus the consensus estimate of $224.95 million.

Results and Highlights:

Mall tenant annual sales per square foot for the portfolio increased by 10.3% to $801 for the twelve months ended December 31, 2019, compared to $726... More