Macerich Q4 FFO $0.48 Beats $0.44 Estimate, Sales $261.704M Miss $264.404M Estimate

Macerich (NYSE:MAC) reported quarterly earnings of $0.48 per share which beat the analyst consensus estimate of $0.44 by 9.09 percent. This is a 2.13 percent increase over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $261.704 million which missed the analyst consensus estimate of $264.404 million by 1.02 percent. This is a 4.37 percent decrease over sales of $273.676 million the same period last year.