Macerich (MAC) Q3 FFO Lag Estimates
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Macerich (MAC) reported Q3 funds from operations (FFO) of $0.38 per share, missing the Zacks Consensus Estimate of $0.40 per share and down from $0.44 per share a year ago.
November 06, 2024 | 2:30 pm
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NEGATIVE IMPACT
Macerich reported Q3 FFO of $0.38 per share, missing estimates and down from last year's $0.44 per share.
Macerich's Q3 FFO of $0.38 per share missed the consensus estimate of $0.40 and is lower than the previous year's $0.44. This underperformance is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100