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

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million, and has decided to discontinude givingearnings guidance. The Horsham, Pa., company’s net loss was 52 centsx a share, which included pre-tax write-downsd totaling $119.6 million. During the same perio last year, Toll (NYSE:TOL) reported a $93.7 or 59 cents a share, loss, whicu included pre-tax write-downs totalingf $288.1 million. Revenue for the quarter came inat $398.43 million, a plunge of 51 The average analyst estimate for this year’d fiscal second quarter was a loss of 50 centd per share and revenue of $395 million, according to Thomsohn Reuters. Toll shares were trading 6 percent lower Wednesdaytat $18.35.
Though the housing markety continues to bea challenge, Toll said it has experience an uptick in activity and traffic at its communities. The companu will not provide earnings guidance becauseof “the numerous uncertaintieas related to our business,” said Joel H. chief financial officer.