RTTNews | Jan 25, 2021 10:30AM EST

10:29 Monday, January 25, 2021 (RTTNews.com) - 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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