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Macerich Co. Q1 adjusted earnings Beat Estimates

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

-Earnings: -$63.60 million in Q1 vs. $7.52 million in the same period last year.
-EPS: -$0.40 in Q1 vs. $0.05 in the same period last year.
-Excluding items, Macerich Co. reported adjusted earnings of $73 million or $0.43 per share for the period.
-Analysts projected -$0.15 per share
-Revenue: $19.42 million in Q1 vs. $226.95 million in the same period last year.

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