The Macerich Company (NYSE: MAC) has set the date for the release of its third quarter financial results on Wednesday 6th November 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
According to the predictions of financial experts on Wall Street, the enterprise is expected to announce an anticipated $0.05 loss per share for the quarter. Further, the firm is poised to disclose a total revenue of $213.57 million for the period.
The per-share income of $0.44 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $218.15 million recorded during that specific period.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $832.88 million. In addition, they anticipate the company to report profit of $0.56 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.37 | -7.5% | 215.52 M | +1.5% |
| Q1 2024 | $0.31 | -22.5% | 208.78 M | -2.8% |
| Q4 2023 | $0.56 | +5.7% | 238.69 M | +4.6% |
| Q3 2023 | $0.44 | -4.3% | 218.15 M | +3.5% |
| Q2 2023 | $0.40 | -13.0% | 212.37 M | +4.1% |
| *Growth on year-over-year basis | ||||
MAC will host a conference call with investment community on 6th November 2024 at 01:00 PM eastern time to discuss the financial results.
The Macerich Company (MAC) closed Friday's regular trading session at $18.32, indicating a 2.03 percent downfall, with a volume of 1.58 million shares.