Macerich posts Q3 net loss of $108.2 million; adjusted FFO falls to $86.0 million
Macerich reported a third-quarter 2024 net loss attributable to the company of $108.2 million, or $0.50 per diluted share, compared with a loss of $262.5 million, or $1.22 per share, a year earlier. Total revenues rose to $220.2 million from $218.2 million, but FFO excluding certain items fell to $86.0 million, or $0.38 per share, from $100.6 million, or $0.45 per share. The company has not issued fiscal 2024 guidance since withdrawing it on April 30, 2024.
Key points
- Q3 2024 net loss attributable to the company: $108.2 million, or $0.50 per diluted share, versus $262.5 million, or $1.22 per share, in Q3 2023
- Q3 2024 total revenues: $220.2 million, versus $218.2 million a year earlier
- FFO excluding certain items: $86.0 million, or $0.38 per share, versus $100.6 million, or $0.45 per share, a year earlier
- Fiscal 2024 guidance remains withdrawn; the company is not providing an updated outlook
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.