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Macerich (MAC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
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Macerich (MAC - Free Report) reported $249.71 million in revenue for the quarter ended June 2026, representing no change year over year. EPS of $0.35 for the same period compares to -$0.16 a year ago.
The reported revenue represents a surprise of +3.24% over the Zacks Consensus Estimate of $241.87 million. With the consensus EPS estimate being $0.33, the EPS surprise was +6.06%.
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.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Macerich performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Leasing Revenue- Percentage rents: $3.73 million compared to the $5.73 million average estimate based on three analysts. The reported number represents a change of -10.1% year over year.
Revenues- Leasing Revenue- Tenant recoveries: $70.37 million versus $64.92 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5.3% change.
Revenues- Management Companies revenues: $5.59 million versus $6 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -5.8% change.
Revenues- Leasing Revenue- Minimum rents: $154.26 million versus $149.92 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.8% change.
Revenues- Leasing Revenue- Other: $7.01 million versus $7.25 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -1% change.
Revenues- Leasing Revenue- Bad debt income (expense): $-1.92 million versus $-1.45 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +141% change.
Revenues- Other income: $10.67 million versus the two-analyst average estimate of $9.95 million. The reported number represents a year-over-year change of -4.1%.
Revenues- Leasing revenue: $233.44 million versus $224.99 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
Net Earnings Per Share (Diluted): $-0.10 versus $-0.10 estimated by four analysts on average.
Shares of Macerich have returned +2.3% over the past month versus the Zacks S&P 500 composite's +1.7% 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) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Macerich (MAC - Free Report) reported $249.71 million in revenue for the quarter ended June 2026, representing no change year over year. EPS of $0.35 for the same period compares to -$0.16 a year ago.
The reported revenue represents a surprise of +3.24% over the Zacks Consensus Estimate of $241.87 million. With the consensus EPS estimate being $0.33, the EPS surprise was +6.06%.
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.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Macerich performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Macerich here>>>
Shares of Macerich have returned +2.3% over the past month versus the Zacks S&P 500 composite's +1.7% 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.