Macerich Co expected to post earnings of 5 cents a share - Earnings Preview

The Macerich

25/02/2025 14:06

Macerich Co MAC.N, MAC is expected to show a fall in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The Santa Monica California-based  company is expected to report a 6.5% decrease in revenue to $223.1 million from $238.69 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data. (SAL represents Total revenue/Property revenue)

​LSEG's mean analyst estimate for Macerich Co is for earnings of 5 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 9 "hold" and 4 "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 $22.00​, above​ its last closing price of $19.81. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.40
0.40
0.36
Missed
-9.7
Jun. 30 2024
0.40
0.40
0.40
Met
0
Mar. 31 2024
0.39
0.39
0.31
Missed
-20.6​
Dec. 31 2023
0.56
0.56
0.59
Beat
5.9
​​Sep. 30 2023
0.44
0.44
0.42
Missed
-5
Jun. 30 2023
0.42
0.41
0.40
Missed
-3.4​
Mar. 31 2023
0.41
0.41
0.40
Missed
-2.4
Dec. 31 2022
0.52
0.52
0.53
Beat
1.7

This summary was machine generated February 25 at 14:06 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)