The Macerich Company reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 220.02 million compared to USD 212.95 million a year ago. Revenue was USD 238.69 million compared to USD 228.23 million a year ago. Net income was USD 62.18 million compared to USD 1.69 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.01 a year ago.
For the full year, sales was USD 809.02 million compared to USD 800.55 million a year ago. Revenue was USD 884.07 million compared to USD 859.16 million a year ago. Net loss was USD 274.07 million compared to USD 66.07 million a year ago. Basic loss per share from continuing operations was USD 1.28 compared to USD 0.31 a year ago. Diluted loss per share from continuing operations was USD 1.28 compared to USD 0.31 a year ago.