The Macerich Company (MAC)
The Macerich Company (MAC) Q1 2025 Earnings Call Transcript
The Macerich Company (NYSE:MAC ) Q1 2025 - Earnings Conference Call May 12, 2025 1:00 PM ET Company Participants Samantha Greening - Director, IR Jack Hsieh - President & CEO Dan Swanstrom - SEVP & CFO Doug Healey - SEVP, Leasing Brad Miller - SVP, Portfolio Management Conference Call Participants Ki Bin Kim - Truist Craig Mailman - Citi Linda Tsai - Jefferies Ronald Kamdem - Morgan Stanley Samir Khanal - Bank of America Floris Van Dijkum - Compass Point Greg McGinnis - Scotiabank Vince Tibone - Green Street Omotayo Okusanya - Deutsche Bank Alexander Goldfarb - Piper Sandler Haendel St. Juste - Mizuho Caitlin Burrows - Goldman Sachs Michael Mueller - JPMorgan Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2025 Macerich Earnings Conference Call. At this time, all participants are in a listen only mode.
Macerich (MAC) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Macerich (MAC) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Macerich (MAC) Q1 FFO and Revenues Top Estimates
Macerich (MAC) came out with quarterly funds from operations (FFO) of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to FFO of $0.31 per share a year ago.
Countdown to Macerich (MAC) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
Evaluate the expected performance of Macerich (MAC) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Macerich's Comeback: Why This Mall REIT Could Be A Hidden Gem For 2025
Macerich's recovery is evident with rising occupancy rates, strong leasing activity, and improved foot traffic, making it an attractive investment despite past challenges. The company's strategic moves, including full ownership of key malls and a focus on affluent markets, bolster its long-term cash flow prospects. Debt remains a concern, but the "Path Forward" plan aims to reduce it significantly, with positive investor response and stock performance.
Macerich Ties Up With PenFed for Tysons Corner Center Plaza
In a major boost to Macerich's Tysons Corner brand enhancement, the company agrees upon a multi-year sponsorship arrangement with PenFed.
Estee Lauder: What's Next for the Company That Owns Jo Malone, Bobbi Brown, MAC?
Estée Lauder CEO Stéphane de La Faverie says he is committed to reigniting growth and achieving "solid double-digit margin" for the company. "We need to be reactive to where the consumer goes, and we need to make sure we give them the innovation they are looking for in the time that they want it," he said.
Macerich Announces Pindustry to Anchor HiFi at FlatIron Crossing
MAC announces that Pindustry will anchor its mixed-use outdoor development project, HiFi, adjacent to FlatIron Crossing in Colorado.
Macerich Stock Falls Despite Meeting Q4 FFO Estimates, Revenues Beat
MAC's Q4 results reflect better occupancy and base rent re-leasing spreads, though lower same-center NOI and higher expenses affected the performance.
The Macerich Company (MAC) Q4 2024 Earnings Call Transcript
The Macerich Company (NYSE:MAC ) Q4 2024 Earnings Conference Call February 27, 2025 1:00 PM ET Company Participants Samantha Greening - Director, IR Jack Hsieh - President & CEO Dan Swanstrom - SEVP & CFO Doug Healey - SEVP, Leasing Brad Miller - SVP, Portfolio Management Conference Call Participants Floris Van Dijkum - Compass Point Craig Mailman - Citi Linda Tsai - Jefferies Andrew Reale - Bank of America Securities Vince Tibone - Green Street Alexander Goldfarb - Piper Sandler Haendel St. Juste - Mizuho Operator Ladies and gentlemen, thank you for standing by. Welcome to the Fourth Quarter 2024 Macerich Earnings Conference Call.
Here's What Key Metrics Tell Us About Macerich (MAC) Q4 Earnings
Although the revenue and EPS for Macerich (MAC) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Macerich (MAC) Q4 FFO Match Estimates
Macerich (MAC) came out with quarterly funds from operations (FFO) of $0.47 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.56 per share a year ago.
