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Strategic Investment in Its Best Properties is Key Aspect of Macerich's Path Forward Plan Strategic Investment in Its Best Properties is Key Aspect of Macerich's Path Forward Plan
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 (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.
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) 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.
SANTA MONICA, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Fourth Quarter 2024 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at investing.macerich.com .
SANTA MONICA, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) announced today that Jack Hsieh, President and Chief Executive Officer, and Dan Swanstrom, Senior Executive Vice President, Chief Financial Officer, and Treasurer, will participate in a round table presentation at Citi's 2025 Global Property CEO Conference on Tuesday, March 4, 2025, at 1:30 pm Eastern Time.
Beyond analysts' top -and-bottom-line estimates for Macerich (MAC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
ST. HELIER, Jersey--(BUSINESS WIRE)--MAC Copper Limited ARBN 671 963 198 (NYSE:MTAL; ASX:MAC), a private limited company incorporated under the laws of Jersey, Channel Islands (“MAC” or the “Company”) is pleased to release its Resource and Reserve Statement (as at 31 December 2024) (“R+R”) and 2 Year Production Guidance for the CSA Copper Mine in NSW. In accordance with Item 1300 of Regulation S-K (17 CFR Part 229) (“S-K 1300”), all Mineral Resources are reported exclusive of Mineral Reserves.
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