Rising e-commerce adoption and high interest rates are major headwinds for Macerich (MAC). However, a healthy retail real estate market and a focus on omni-channel retailing offer some support.
Macerich (MAC) witnesses year-over-year growth in occupancy and same-center net operating income. However, the top line lags estimates. This retail REIT maintains its 2023 FFO per share guidance.
The Macerich Company (NYSE:MAC) Q3 2023 Earnings Call Transcript October 31, 2023 The Macerich Company misses on earnings expectations. Reported EPS is $-1.1689 EPS, expectations were $0.44. Operator: Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Third Quarter 2023 Macerich Earnings Conference Call. At this time, all participants are in […]