Macerich Co expected to post a loss of 8 cents a share - Earnings Preview

The Macerich

04/08/2023 19:44

* Macerich Co  MAC.N   MAC  is expected to show a rise in
quarterly revenue when it reports  results on August 8. 
    * The Santa Monica California-based  company is expected to
report
 a 1.9% increase in revenue to $207.998 million from $204.09
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Macerich Co is for
a loss
of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 6 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Macerich Co
is
$12​, below​ its last closing price of $12.59. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.41        0.41       0.40      Missed  -2.4
 Dec. 31 2023  0.52        0.52       0.53      Beat    1.7
 Sep. 30 2022  0.46        0.47       0.46      Missed  -1.7​
 Jun. 30 2022  0.45        0.45       0.46      Beat    2.8
 ​​Mar.        0.47        0.47       0.50      Beat    7
 31 2022                                                
 Dec. 31 2021  0.48        0.48       0.53      Beat    9.8​
 Sep. 30 2021  0.43        0.43       0.45      Beat    3.7
 Jun. 30 2021  0.44        0.43       0.59      Beat    36.2
 This summary was machine generated August 4 at 18:44 GMT.  All
figures in US dollars  unless otherwise stated