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

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million, and has decided to discontinued givingearnings guidance. The Horsham, Pa., company’sz net loss was 52 cents a whichincluded pre-tax write-downs totaling $119.6 During the same period last year, Toll reported a $93.7 million, or 59 cents a loss, which included pre-tax write-downs totalintg $288.1 million. Revenue for the quarter came inat $398.3 million, a plungew of 51 percent. The average analyst estimate forthis year’ fiscal second quarter was a loss of 50 centx per share and revenue of $395 according to Thomson Reuters. Toll shares were trading 6 percenr lower Wednesdayat $18.35.
Though the housingh market continues to bea challenge, Toll said it has experiencesd an uptick in activity and traffic at its The company will not provide earnings guidance because of “the numerous uncertainties relatef to our business,” said Joel H. chief financial officer.