Wednesday, May 10, 2023

Macerich Posts Wider Loss In Q1; Lowers 2023 Earnings Guidance

The Macerich Company (MAC) posted a first-quarter net loss attributable to company of $58.7 million or $0.27 per share, compared to a loss of $37.2 million or $0.17 per share, prior year. On average, six analysts polled by Thomson Reuters expected the company to report a loss per share of $0.07, for the quarter. Analysts' estimates typically exclude special items.

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