Macerich (MAC) Tops Q4 EPS by 1c, Revenues Beat; Provides FY20 EPS Outlook
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Macerich Announces Quarterly Results
February 6, 2020 7:00 AM ESTSANTA MONICA, Calif., Feb. 6, 2020 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced results of operations for the quarter ended December 31, 2019, which included net income attributable to the Company of $26.9 million or $.19 per share-diluted for the quarter ended December 31, 2019 compared to net income of $11.7 million or $.08 per share-diluted attributable to the Company for the quarter ended December 31, 2018. For the fourth quarter 2019, funds from operations ("FFO")-diluted, excluding financing expense in connection with Chandler Freehold, was $148.1 million or $.98 per share-diluted compared to $165.7 million or $1.09 per share-diluted for the quarter ended December 31, 2018. A... More
