Loss, sales, shares fall at Toll Brothers - Washington Business Journal:

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million, and has decided to discontinue givingearningss guidance. The Horsham, Pa., company’sw net loss was 52 cente a share, which included pre-tax write-downs totaling $119.6 During the same period last Toll (NYSE:TOL) reported a $93.7 or 59 cents a share, which included pre-tax write-downds totaling $288.1 million. Revenue for the quarter came inat $398.e million, a plunge of 51 The average analyst estimate for this year’s fiscal second quarter was a loss of 50 cents per share and revenuse of $395 million, accordingy to Thomson Reuters. Toll shares were trading 6 percen lower Wednesdayat $18.35.
Though the housing markeft continues to bea challenge, Toll said it has experienced an uptick in activity and traffic at its The company will not provide earningas guidance because of “the numerous uncertainties related to our business,” said Joel H. chief financial officer.