secwatch.observer — SEC 8-K summary
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Issuer:     MACERICH CO (MAC)
CIK:        0000912242
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000912242-22-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Macerich Q3 net loss of $15.2M; FFO $0.46 per share; dividend raised 13.3% to $0.17
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- Net loss attributable to company $15.2M ($0.07 diluted) vs net income $106.7M ($0.50) in Q3 2021.
- FFO (excl. financing expense & debt loss) $102.8M or $0.46/diluted share, vs $0.45 YoY.
- Same center NOI (excl. lease term income) up 2.1% in Q3; YTD up 9.8%.
- Portfolio occupancy 92.1%, up 180 bps YoY; trailing 12-mo sales per sq ft $877 vs $801 at Dec 2019.
- Dividend increased 13.3% to $0.17 quarterly; FY 2022 FFO guidance narrowed to $1.93-$1.99 per share (excl. items).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912242/000091224222000027/0000912242-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912242/000091224222000027/mac-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000912242-22-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer