Macerich earnings beat estimates
Wednesday, February 06, 2013 11:51 AM
The Macerich Co. reported quarterly earnings of 90 cents a share today, beating the consensus estimate by 3 cents. Macerich, which owns and is spending $300 million to renovate Southridge Mall, reported revenue of $251 million. Revenue was up 15.3 percent compared with the same quarter last year.