Macerich Guides FY21 Loss Wider Than Estimates - Quick Facts

While reporting financial results for the fourth quarter on Thursday, REIT Macerich Co. (MAC) initiated earnings outlook for the full year 2021.

For fiscal 2021, the company now projects a loss in a range of $0.90 to $0.70 per share and Funds from Operations (FFO) in a range of $2.05 to $2.25 per share.

On average, analysts polled by Thomson Reuters expect the company to report a loss of $0.55 per share on revenues of $750.97 million for the year. Analysts' estimates typically exclude special items.

On January 27, 2021, we declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on March 3, 2021 to stockholders of record at the close of business on February 19, 2021.

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