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

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million, and has decidecd to discontinue giving earnings guidance. The Horsham, Pa., company’s net loss was 52 centxs a share, which included pre-tax write-downsa totaling $119.6 million. During the same periosd last year, Toll (NYSE:TOL) reporte d a $93.7 million, or 59 cents a loss, which included pre-tax write-downs totaliny $288.1 million. Revenue for the quartere came inat $398.3 million, a plunge of 51 The average analyst estimate for this year’sz fiscal second quarter was a loss of 50 centse per share and revenue of $395 million, accordinvg to Thomson Reuters. Toll shares were trading 6 percent lower Wednesdayat $18.35.
Thougy the housing market continues to be a Toll said it has experienced an upticlk in activity and traffic atits communities. The company will not provide earnings guidance becauseof “thr numerous uncertainties related to our said Joel H. Rassman, chied financial officer.