Macerich Q3 FFO & Revenues Miss Estimates, Occupancy Declines Y/Y
MAC posts a slight FFO miss in Q3 as higher interest costs ail, but strong leasing and rent growth highlight portfolio resilience.
The Macerich Company (MAC) Q3 2025 Earnings Call Transcript
The Macerich Company ( MAC ) Q3 2025 Earnings Call November 4, 2025 5:00 PM EST Company Participants Alexandra Johnstone Jackson Hsieh - President, CEO & Director Doug Healey - Senior EVP & Head of Leasing Daniel Swanstrom - CFO, Treasurer & Senior EVP Brad Miller - Senior Vice President of Asset Management Conference Call Participants Vince Tibone - Green Street Advisors, LLC, Research Division Samir Khanal - BofA Securities, Research Division Michael Griffin - Evercore ISI Institutional Equities, Research Division Linda Yu Tsai - Jefferies LLC, Research Division Floris Gerbrand Van Dijkum - Ladenburg Thalmann & Co. Inc., Research Division Ronald Kamdem - Morgan Stanley, Research Division Omotayo Okusanya - Deutsche Bank AG, Research Division Haendel St. Juste - Mizuho Securities USA LLC, Research Division Greg McGinniss - Scotiabank Global Banking and Markets, Research Division Todd Thomas - KeyBanc Capital Markets Inc., Research Division Alexander Goldfarb - Piper Sandler & Co., Research Division Craig Mailman - Citigroup Inc., Research Division Michael Mueller - JPMorgan Chase & Co, Research Division Caitlin Burrows - Goldman Sachs Group, Inc., Research Division Presentation Operator " Alexandra Johnstone " Jackson Hsieh President, CEO & Director " Doug Healey Senior EVP & Head of Leasing " Daniel Swanstrom CFO, Treasurer & Senior EVP " Brad Miller Senior Vice President of Asset Management " Vince Tibone Green Street Advisors, LLC, Research Division " Green Street Advisors, LLC, Research Division Samir Khanal BofA Securities, Research Division " BofA Securities, Research Division Michael Griffin Evercore ISI Institutional Equities, Research Division " Evercore ISI Institutional Equities, Research Division Linda Yu Tsai Jefferies LLC, Research Division " Jefferies LLC, Research Division Floris Gerbrand Van Dijkum Ladenburg Thalmann & Co. Inc., Research Division " Ladenburg Thalmann & Co. Inc., Research Division Ronald Kamdem Morgan Stanley, Research Division " Morgan Stanley, Research Division Omotayo Okusanya Deutsche Bank AG, Research Division " Deutsche Bank AG, Research Division Haendel
Macerich (MAC) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Macerich (MAC) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Macerich (MAC) Q3 FFO and Revenues Miss Estimates
Macerich (MAC) came out with quarterly funds from operations (FFO) of $0.35 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to FFO of $0.38 per share a year ago.
3 Retail REITs to Watch for Potential Upside This Earnings Season
Simon Property, Realty Income and Macerich may surprise investors this earnings season with solid fundamentals and resilient portfolios.
Macerich Q2 FFO Misses Estimates, Occupancy Declines Y/Y
MAC's second-quarter FFO fell short of estimates on lower occupancy and higher expenses, but leasing activities and revenue growth offer bright spots.
The Macerich Company (MAC) Q2 2025 Earnings Call Transcript
The Macerich Company (NYSE:MAC ) Q2 2025 Earnings Conference Call August 11, 2025 5:00 PM ET Company Participants Brad Miller - Senior Vice President of Asset Management Daniel E. Swanstrom - CFO, Treasurer & Senior EVP Douglas J.
Macerich (MAC) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for Macerich (MAC) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Macerich (MAC) Q2 FFO Miss Estimates
Macerich (MAC) came out with quarterly funds from operations (FFO) of $0.32 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to FFO of $0.44 per share a year ago.
Stay Ahead of the Game With Macerich (MAC) Q2 Earnings: Wall Street's Insights on Key Metrics
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Macerich (MAC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2025.
The Macerich Company: A Turnaround In Progress, But Too Many Risks For Now
Macerich owns high-quality mall assets with strong foot traffic, but faces macroeconomic headwinds and operational uncertainties. Management's ambitious 'Macerich 2.0' plan targets 36% FFO growth and significant deleveraging, but relies heavily on a favorable economy. Dividend coverage remains weak, debt is high, and management's optimism feels overly promotional given current risks.
Macerich Stock Gains 15.8% in Three Months: Will the Trend Last?
MAC is set to benefit from a premium shopping center portfolio, efforts to support omnichannel retailing and an aggressive capital-recycling program.
