After yesterday's market close, the Chicago-based real estate investment trust reported revenue of $554.5 million, while analysts were looking for $566.6 million.
The REIT posted funds from operations of 35 cents per diluted share, in line with Wall Street's estimates.
Funds from operations is a key metric in the REIT industry, which takes net income and adds back items such as depreciation and amortization.
General Growth sees full-year funds from operations between $1.52 and $1.54 per diluted share. Analysts surveyed by FactSet are forecasting FFO of $1.53 per share for 2016.
Additionally, Macy's (M) said yesterday that it sold five stores to the company for $46 million.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on the stock.
The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures.
The team believes its strengths outweigh the fact that the company has had sub par growth in net income.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.