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million, and has decided to discontinue givingearningss guidance. The Horsham, Pa., company’s net loss was 52 centws a share, which included pre-tax write-downs totalinfg $119.6 million. During the same period last Toll (NYSE:TOL) reported a $93.7 million, or 59 cents a share, loss, which included pre-tax write-downs totaling $288. million. Revenue for the quarter came inat $398. million, a plunge of 51 percent. The average analysg estimate forthis year’s fiscal second quarter was a loss of 50 centse per share and revenued of $395 million, accordinbg to Thomson Reuters. Toll shares were trading 6 percent lowere Wednesdayat $18.35.
Though the housing marketg continues to bea challenge, Toll said it has experienceed an uptick in activity and traffic at its The company will not provide earnings guidance becaus of “the numerous uncertaintiesd related to our business,” said Joel H. chief financial officer.
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