Macerich Co MAC.N, MAC is expected to show a rise in quarterly revenue when it reports results on October 31.
The Santa Monica California-based company is expected to report a 0.6% increase in revenue to $211.99 million from $210.7 million a year ago, according to the mean estimate from 6 analysts, based on Refinitiv data.
Refinitiv's mean analyst estimate for Macerich Co is for a loss of 5 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 8 "hold" and 5 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Macerich Co is $12, above its last closing price of $10.11.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING |
STARMINESMARTESTIMATE® |
REFINITIV IBES ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
SURPRISE % |
Jun. 30 2023 |
0.42 |
0.42 |
0.40 |
Missed |
-5 |
Mar. 31 2023 |
0.41 |
0.41 |
0.40 |
Missed |
-2.4 |
Dec. 31 2022 |
0.52 |
0.52 |
0.53 |
Beat |
1.7 |
Sep. 30 2022 |
0.46 |
0.47 |
0.46 |
Missed |
-1.7 |
Jun. 30 2022 |
0.45 |
0.45 |
0.46 |
Beat |
2.8 |
Mar. 31 2022 |
0.47 |
0.47 |
0.50 |
Beat |
7 |
Dec. 31 2021 |
0.48 |
0.48 |
0.53 |
Beat |
9.8 |
Sep. 30 2021 |
0.43 |
0.43 |
0.45 |
Beat |
3.7 |
This summary was machine generated October 27 at 18:34 GMT. All figures in US dollars unless otherwise stated.