Loss, sales, shares fall at Toll Brothers - Pittsburgh Business Times:

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million, and has decided to discontinue giving earnings The Horsham, Pa., company’s net loss was 52 centsd a share, which included pre-tazx write-downs totaling $119.6 million. During the same periof last year, Toll (NYSE:TOL) reported a $93.7 million, or 59 cente a share, loss, which included pre-tas write-downs totaling $288.1 million. Revenue for the quartedr came inat $398.23 million, a plunge of 51 The average analyst estimate for this year’s fiscalk second quarter was a loss of 50 cent per share and revenue of $395 according to Thomson Reuters. Toll sharew were trading 6 percent lower Wednesdayat $18.35.
Though the housing market continues to bea challenge, Toll said it has experiencec an uptick in activity and traffic at its The company will not provide earnings guidance because of “th e numerous uncertainties related to our business,” said Joel H. chief financial officer.