MAC News and Press, Macerich Company From 08/06/21

REIT earnings season has provided critical information on the state of the real estate industry - a much-needed check-in amid fears of a potential "fourth wave" of the COVID pandemic. Results were significantly better-than-expected with roughly 95% of equity REITs beating consensus FF...

Image source: The Motley Fool. The Macerich Company (NYSE: MAC) Q2 2021 Earnings Call Aug 04, 2021 , 1:00 p.m. ET Operator Continue reading For further details see: The Macerich Company (MAC) Q2 2021 Earnings Call Transcript

The Macerich Company (MAC) Q2 2021 Earnings Conference Call August 04, 2021 1:00 PM ET Company Participants Jean Wood - Vice President, Investor Relations Tom O'Hern - Chief Executive Officer Scott Kingsmore - Senior Executive Vice President & Chief Financial Officer Doug Healey - Senior ...

BofA Securities analyst Craig Schmidt upgrades Simon Property Group (NYSE:SPG) to Buy from Neutral as the mall REIT's Q2 results mark an inflection point, with its first positive same-store net operating income and occupancy improvement since COVID. Lifts price target to $150 from $141; impli...

Macerich (NYSE:MAC) boosts the low end of its 2021 guidance range for FFO per share, assuming no further government-mandated shutdowns of its properties. Its shares gain 2.0% in premarket trading. Now sees adjusted FFO per share (excluding financing expenses related to Chandler Freehold)...

Macerich (NYSE:MAC): Q2 FFO of $0.59 beats by $0.16. Revenue of $215.47M (+20.7% Y/Y) beats by $25.89M. FY21 Guidance: FFO per share – diluted, excluding financing expense in connection with Chandler Freehold is $1.82-$1.97. Press Release For further details see: Macerich FFO bea...

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U.S. equity markets were mixed this week as disappointing "big tech" earnings and concerns over controversial COVID vaccine and mask mandates were offset by historically strong earnings results from domestic-focused companies. Retreating from the record-highs set last week, ...

We're now at the halfway point of another newsworthy real estate earnings season. Results have so far been as impressive as any REIT earnings season in recent memory. Roughly 95% of REITs have topped consensus earnings estimates, and of the 44 REITs that provide full-year funds from o...

U.S. equity markets rebounded from an early-week dive as investors shrugged-off COVID concerns following a historically strong start to corporate earnings season and better-than-expected housing market data. "American Exceptionalism" was the theme as COVID concerns across internationa...