Macerich Co. (MAC) reported funds from operations for the third quarter of $88.65 million or $0.97 per share, compared to $98.55 million or $1.12 per share for the year-ago quarter.
Net income available to common stockholders for the quarter was $142.8 million or $1.75 per share, compared to $2.6 million or $0.03 per share in the prior year quarter.
Total revenue for the quarter rose to $200.66 million from $225.81 million last year.
Analysts polled by Thomson Reuters expected the company to report FFO of $0.92 per share on revenue of $200.33 million for the third quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.