Macerich Co (MAC) reported disappointing financial results for the third quarter of fiscal 2025. The company's earnings per share (EPS) came in at $-0.34, missing Wall Street's consensus estimate of $-0.08 by $0.26. Revenue matched expectations at $0.3 billion but did not exceed them.
This earnings report underscores challenges the company may be facing in a competitive retail environment. Macerich operates as a real estate investment trust, focusing on the acquisition, ownership, development, and management of shopping centers across the United States. With a market cap of $4,456.45 million, the firm has a trailing twelve-month EPS of -1.75 and an impressive dividend yield of 390.8%.
Macerich will host its earnings conference call to discuss these results and provide further insights into its business performance. Investors are encouraged to review the full earnings release and listen to management's commentary for a comprehensive understanding of the quarter's performance and future outlook. Upcoming earnings are scheduled for May 10, 2026, with an EPS estimate of $-0.0929 and revenue expectation of $0.2 billion.
This update provides insight into Macerich Co's operational performance and financial health, highlighting the need for close attention to market conditions and business strategies moving forward.