Macerich Releases Quarterly Results

Rhea-AI Summary

Macerich (NYSE: MAC) released its Fourth Quarter 2020 Earnings Results on February 11, 2021, highlighting the performance of its 47 regional shopping centers across the U.S. The company currently manages 50 million square feet of real estate and is recognized for its sustainability efforts, achieving CDP A List status for five consecutive years. A conference call discussing these results is scheduled for 10:00 am PT. Interested parties can access the call via the company's website or a designated phone line.

Positive

• Successfully operates 47 regional shopping centers in prime markets.
• Recognized for sustainability with CDP A List status for five years.
• Manages 50 million square feet of retail space, indicating strong asset base.

Negative

• None.

SANTA MONICA, Calif., Feb. 11, 2021 /PRNewswire/ -- The Macerich Company (NYSE: MAC, the "Company") today has released its Fourth Quarter 2020 Earnings Results and Supplemental Financial Information by posting it to the investor relations section of its website at www.macerich.com (Investors Section).

As previously announced, Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) today, Thursday, February 11, 2021 to discuss quarterly results.  Interested parties can listen to a live webcast of the call on the Macerich website at www.macerich.com (Investors Section).    Alternatively, the call is available by phone at Toll Free 1-866-248-8441 or International (toll) 1-323-289-6576, Conference ID # 4872902.

A replay of the webcast will be available for 90 days following the live webcast in the Investors Section of the Company's website at www.macerich.com.   In addition, an audio replay of the earnings conference call will be available by telephone until Thursday, February 25, 2021 at 11:59 pm Eastern Time at toll free 1-844-512-2921, or International (toll) 1-412-317-6671, PIN # 4872902.

About Macerich: Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT), which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.

Macerich currently owns 50 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence on the West Coast and in Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has earned CDP A List status for five years and achieved the GRESB Green Star rating in the North American Retail Sector for six consecutive years, 2015-2020. Additional information about Macerich can be obtained from the Company's website at www.macerich.com

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SOURCE Macerich Company

FAQ

What are the earnings results for Macerich in Q4 2020?

Macerich released its Q4 2020 earnings results on February 11, 2021, detailing its performance across its properties.

When is the Macerich conference call for Q4 2020 earnings?

The conference call is scheduled for February 11, 2021, at 10:00 am Pacific Time.

How many regional shopping centers does Macerich own?

Macerich owns 47 regional shopping centers located throughout the United States.

What sustainability achievements has Macerich accomplished?

Macerich has achieved CDP A List status for five consecutive years and has received the GRESB Green Star rating for six years.

Where can I find more information about Macerich's financial performance?

Additional information can be found in the investor relations section on the Macerich website.