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Macerich Reports Fourth Quarter 2024 Results

1. Macerich released Fourth Quarter 2024 earnings on its website. 2. A conference call is scheduled for today to discuss earnings. 3. Macerich ranks #1 in sustainability for North American retail for ten years. 4. The company owns 43 million square feet across 40 retail centers. 5. Macerich emphasizes environmental goals and corporate governance.

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$20.1202/27 07:21 AM EDTEvent Start

$18.0502/28 02:08 PM EDTLatest Updated
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Why Bullish?

Macerich's strong sustainability ranking and focus on governance typically attract investors. Historical data shows improved stock performance post-earnings announcements for financially solid companies.

How important is it?

The earnings release affects investor sentiment directly, influencing stock value short-term. The company's sustainability narrative positions MAC favorably in the current ESG-focused investment climate.

Why Short Term?

Earnings calls can result in immediate price volatility based on reported performance. Investor sentiment may shift quickly following the earnings release.

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SANTA MONICA, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Fourth Quarter 2024 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at investing.macerich.com. As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Thursday, February 27, 2025, to discuss quarterly results. Participants who wish to join the conference by telephone must register using the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by accessing it at the webcast registration link below or in the Investors Section of the company’s website at investing.macerich.com. Dial-In Registration: https://register.vevent.com/register/BId38ce799cf58468cbeb137227c905ca2Webcast Registration: https://edge.media-server.com/mmc/p/cmwgff9h Rebroadcast: Following the live webcast, a replay will be available in the Investors Section of the Company’s website at investing.macerich.com. About Macerich Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 43 million square feet of real estate, consisting primarily of interests in 40 retail centers. Macerich is firmly dedicated to advancing environmental goals, social good, and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for ten consecutive years (2015-2024). For more information, please visit www.Macerich.com. Macerich uses, and intends to continue to use, its Investor Relations website, which can be found at investing.macerich.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Additional information about Macerich can be found through social media platforms such as LinkedIn. Reconciliations of non-GAAP financial measures, including NOI and FFO, to the most directly comparable GAAP measures are included in the earnings release and supplemental filed on Form 8-K with the SEC, which are posted on the Investor Relations website at investing.macerich.com. MAC-I SOURCE: Macerich INVESTOR CONTACT: Samantha Greening, AVP, Investor Relations: Samantha.Greening@macerich.com

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