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Macerich (MAC) Reports Q1 Earnings: What Key Metrics Have to Say
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For the quarter ended March 2025, Macerich (MAC - Free Report) reported revenue of $249.22 million, up 19.4% over the same period last year. EPS came in at $0.33, compared to -$0.56 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $218.91 million, representing a surprise of +13.85%. The company delivered an EPS surprise of +6.45%, with the consensus EPS estimate being $0.31.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Macerich performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Leasing Revenue- Minimum rents: $160.15 million versus the three-analyst average estimate of $133.74 million. The reported number represents a year-over-year change of +26%.
Management Companies revenues: $4.92 million versus $7.36 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -40.2% change.
Leasing Revenue- Tenant recoveries: $67.26 million versus the three-analyst average estimate of $59.11 million. The reported number represents a year-over-year change of +15.9%.
Leasing Revenue- Percentage rents: $4.25 million versus the three-analyst average estimate of $4.70 million. The reported number represents a year-over-year change of +64.7%.
Net Earnings Per Share (Diluted): -$0.20 compared to the -$0.08 average estimate based on four analysts.
Shares of Macerich have returned +7.6% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Macerich (MAC) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended March 2025, Macerich (MAC - Free Report) reported revenue of $249.22 million, up 19.4% over the same period last year. EPS came in at $0.33, compared to -$0.56 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $218.91 million, representing a surprise of +13.85%. The company delivered an EPS surprise of +6.45%, with the consensus EPS estimate being $0.31.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Macerich performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Leasing Revenue- Minimum rents: $160.15 million versus the three-analyst average estimate of $133.74 million. The reported number represents a year-over-year change of +26%.
- Management Companies revenues: $4.92 million versus $7.36 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -40.2% change.
- Leasing Revenue- Tenant recoveries: $67.26 million versus the three-analyst average estimate of $59.11 million. The reported number represents a year-over-year change of +15.9%.
- Leasing Revenue- Percentage rents: $4.25 million versus the three-analyst average estimate of $4.70 million. The reported number represents a year-over-year change of +64.7%.
- Net Earnings Per Share (Diluted): -$0.20 compared to the -$0.08 average estimate based on four analysts.
View all Key Company Metrics for Macerich here>>>Shares of Macerich have returned +7.6% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.