Company Earnings Update 4 minutesRegister for Free AccessMacerich (NYSE: MAC) 4Q18 Results: Results Meet/Beat Estimates, 2019 FFO Guidance Below Consensus Coresight Research February 8, 2019 Executive Summary Macerich reported adjusted 4Q18 FFOPS of $1.09, in line with the consensus estimate. Revenues were $246.9 million, beating the $244.1 million consensus estimate but down 3.8% year over year. Mall tenant sales per square foot increased 10% to $726 in the year, and same-center operating income grew 4.2% in Q4. The company guided for 2019 adjusted FFO of $3.65-3.73, below the $3.77 consensus estimate. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Analyst Corner—The Horrors of Hidden Fees, with John Harmon: Layers of Charges Are Pinching Consumers’ Stretched WalletsThree Things You Need To Know: Leading Indicators of US Retail Sales—December 2022Five Things To Know About Generative AI in ChinaMarket Navigator: US Apparel and Footwear Retailing—Discounters Poised for Growth Amid Challenging Backdrop
