Shares of real estate investment trust The Macerich Company are rising more than 27% Monday morning at $18.14, nearing to its 52-week high of $18.85.
Macerich today announced its plan to release fourth quarter results on February 11.
On average 8 analysts polled by Thomson Reuters expect the company to report loss of $0.10 on revenue of $193.09 million for the quarter. The company has beaten its earnings in the previous three quarters.
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