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Macerich Q3 2024 Earnings Report

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$16.93 -0.36 (-2.08%)
As of 01:25 PM Eastern
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Macerich EPS Results

Actual EPS
-$0.50
Consensus EPS
$0.40
Beat/Miss
Missed by -$0.90
One Year Ago EPS
$0.44

Macerich Revenue Results

Actual Revenue
$220.20 million
Expected Revenue
$208.54 million
Beat/Miss
Beat by +$11.66 million
YoY Revenue Growth
+0.90%

Macerich Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
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Macerich Earnings Headlines

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About Macerich

Macerich (NYSE:MAC) is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 47 million square feet of real estate consisting primarily of interests in 44 regional town centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for nine consecutive years (2015-2023).

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