Robust leasing activity amid growing customers' preference for in-person shopping experience and development activities drive Macerich's (MAC) 65.8% quarter-to-date rise.
Macerich (MAC) witnesses year-over-year growth in occupancy, and tenant sales remain strong. However, revenues lag estimates. It narrows and lowers the midpoint of its 2022 FFO per share guidance.
Image source: The Motley Fool. The Macerich Company (NYSE: MAC)Q3 2022 Earnings CallNov 03, 2022, 1:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and welcome to The Macerich Company third quarter 2022 earnings call.