secwatch.observer — SEC 8-K summary
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Issuer:     MACERICH CO (MAC)
CIK:        0000912242
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0000912242-23-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Macerich Q4 2022: FFO $0.53, same-center NOI +2.0%, occupancy 92.6%
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- Net income $1.7M ($0.01 diluted EPS) vs net loss $17.1M in Q4 2021.
- FFO (excl Chandler Freehold) $119.5M or $0.53 per share, flat YoY.
- Same center NOI (excl lease term income) +2.0% in Q4, +7.5% year-to-date.
- Portfolio occupancy 92.6%, up 1.1% YoY; 2022 leasing volume of 3.8M sq ft, strongest in over a decade.
- 2023 FFO guidance $1.75-$1.85 per share; quarterly dividend $0.17 payable Mar 3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912242/000091224223000002/0000912242-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912242/000091224223000002/mac-20230207.htm
  HTML page:      https://secwatch.observer/filing/0000912242-23-000002

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