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Macerich Co. Q1 adjusted earnings Beat Estimates

Below are the earnings highlights for Macerich Co. (MAC):

-Earnings: $7.82 million in Q1 vs. -$33.57 million in the same period last year.
-EPS: $0.05 in Q1 vs. -$0.24 in the same period last year.
-Excluding items, Macerich Co. reported adjusted earnings of $122.29 million or $0.81 per share for the period.
-Analysts projected $0.01 per share
-Revenue: $226.52 million in Q1 vs. $236.73 million in the same period last year.

-Guidance:
Full year EPS guidance: $ 3.65 - $3.73

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