Here's What Key Metrics Tell Us About Macerich (MAC) Q4 Earnings

For the quarter ended December 2024, Macerich (MAC) reported revenue of $273.68 million, up 14.7% over the same period last year. EPS came in at $0.47, compared to $0.29 in the year-ago quarter.The reported revenue represents a surprise of +16.24% over the Zacks Consensus Estimate of $235.44 million. With the consensus EPS estimate being $0.47, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Macerich performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Leasing Revenue- Minimum rents: $159.11 million versus $138.07 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +17% change. Management Companies revenues: $7.72 million versus the three-analyst average estimate of $7.74 million. The reported number represents a year-over-year change of -2.9%. Leasing Revenue- Tenant recoveries: $65.89 million versus $57.83 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +22.4% change. Leasing Revenue- Percentage rents: $22.57 million compared to the $14.80 million average estimate based on three analysts. The reported number represents a change of +13% year over year. View all Key Company Metrics for Macerich here>>>Shares of Macerich have returned -1.4% over the past month versus the Zacks S&P 500 composite's -2.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Macerich Company (The) (MAC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks