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: Innovator Matrix: Last-Mile DeliveryInnovator Profile: The Metav.rs Web3 Platform Helps Brands To Better Create and Manage Metaverse ExperiencesAnalyst Corner: Retail Innovation in China, with Anand Kumar—Three Opportunities for Brands and RetailersNavigating Digital Transformation: Infographic—Global Hospitality Operations
