tradingkey.logo

Macerich Co <MAC.N> expected to post earnings of 5 cents a share - Earnings Preview

ReutersFeb 25, 2025 2:06 PM
  • 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)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI