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MAC

Macerich Co.

$11.11

Earnings Summary

Revenue
$204.09Mn
Net Profits
$-15.38Mn
Net Profit Margins
-7.54%
PE Ratio
47.5

Highlights

Revenue:

Macerich Co.’s revenue fell -5.28% since last year same period to $204.09Mn in the Q2 2022. On a quarterly growth basis, Macerich Co. has generated -5.58% fall in its revenue since last 3-months.

Net Profits:

Macerich Co.’s net profit fell -30.76% since last year same period to $-15.38Mn in the Q2 2022. On a quarterly growth basis, Macerich Co. has generated 58.63% jump in its net profits since last 3-months.

Net Profit Margins:

Macerich Co.’s net profit margin fell -38.05% since last year same period to -7.54% in the Q2 2022. On a quarterly growth basis, Macerich Co. has generated 56.18% jump in its net profit margins since last 3-months.

PE Ratio:

Macerich Co.’s price-to-earnings ratio after this Q2 2022 earnings stands at 47.5.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Macerich Co. post its latest quarter earnings

EPS Estimate Current Quarter
-0.03
EPS Estimate Current Year
-0.03

Highlights

EPS Estimate Current Quarter:

Macerich Co.’s earning per share (EPS) estimates for the current quarter stand at -0.03 - a 40% jump from last quarter’s estimates.

EPS Estimate Current Year:

Macerich Co.’s earning per share (EPS) estimates for the current year stand at -0.03.

Key Ratios

Key ratios of the Macerich Co. post its Q2 2022 earnings

Earning Per Share (EPS)
-0.07
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.01
Dividend Per Share (DPS)
0.6

Highlights

Earning Per Share (EPS):

Macerich Co.’s earning per share (EPS) fell -16.67% since last year same period to -0.07 in the Q2 2022. This indicates that the Macerich Co. has generated -16.67% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Macerich Co.’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Macerich Co.’s return on equity (ROE) stands at 0.01.

Dividend Per Share (DPS):

Macerich Co. declared 0.6 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
-0.05
-0.07
-40%
2022-05-10
-0.03
-0.17
-466.67%

Company Information

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT), which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence on the West Coast and in Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has earned CDP A List status for five years and achieved the GRESB Green Star rating in the North American Retail Sector for six consecutive years, 2015-2020.

Organisation
Macerich Co.
Headquarters
Santa Monica, California, US
Employees
665
Industry
Finance
CEO
Thomas O'Hern