Insight Report 2 minutes PremiumMacerich (MAC) 4Q15 Results: Tops 4Q Earnings Estimates, Misses on Revenue Coresight Research February 3, 2016 Executive Summary The real estate investment company Macerich reported 4Q15 funds from operations (FFO) of $187.3 million, up 17.9% year over year. Diluted FFO EPS increased by 13.1%, to $1.12 from $0.99 in the prior year period, beating the consensus estimate of $1.06 and representing an EPS growth of 13.1% year over year. The company had revenue of $320.7 million for the quarter, down 0.7% year-over-year, missing the consensus estimate of $333.3 million Macerich expects continued growth in 2016 despite challenging macroeconomic conditions. It expects FFO of $4.05–$4.15 a share, above the consensus estimate of $4.03. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: November 2023 Leading Indicators of US Retail Sales: Projecting Low-Single-Digit Growth for the New YearWeinswig’s Weekly: Three Trends About the US Return to Office You Don’t Already KnowJanuary 2023 Monthly Consumer Update: US, UK and ChinaJanuary 2023 Leading Indicators of US Retail Sales: Retail Set for Stable Growth as Consumer Sentiment Improves
