Macerich Q2 2024 FFO Per Share Excluding Financing Expense $0.39 Misses $0.40 Estimate, Sales $215.521M Beat $205.006M Estimate
Portfolio Pulse from Benzinga Newsdesk
Macerich (NYSE:MAC) reported Q2 2024 earnings of $0.39 per share, missing the $0.40 estimate, but achieved sales of $215.521 million, surpassing the $205.006 million estimate.
July 31, 2024 | 11:00 am
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Macerich reported Q2 2024 earnings of $0.39 per share, missing the $0.40 estimate, but achieved sales of $215.521 million, surpassing the $205.006 million estimate.
While Macerich missed the earnings per share estimate by a small margin, it significantly beat the sales estimate. This mixed result may lead to a neutral short-term impact on the stock price as investors weigh the earnings miss against the sales beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100