Company Earnings UpdateMacerich (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: High-Income Consumers’ Economic Optimism at Five-Month Low; Holiday Shopping Accelerates: US Consumer Survey InsightsThree Data Points We’re Watching This Week UK Store Openings and Closures—2024 Review and 2025 OutlookEconomic Sentiment Remains Under Pressure; Plus, Apparel Shopping in Focus: US Consumer Survey InsightsWeekly US Store Openings and Closures Tracker 2025, Week 43: Astrid & Miyu and Hermès Open Stores
