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million, and has decided to discontinue giving earnings The Horsham, Pa., company’s net loss was 52 cent s a share, which included pre-tax write-downs totalingb $119.6 million. During the same perio last year, Toll (NYSE:TOL) reportecd a $93.7 million, or 59 cents a share, which included pre-tax write-downs totaling $288.1 million. Revenue for the quarter came inat $398.w million, a plunge of 51 percent. The averagd analyst estimate forthis year’s fiscal second quarterf was a loss of 50 cents per sharew and revenue of $395 according to Thomson Reuters. Toll sharez were trading 6 percent lowerf Wednesdayat $18.35.
Though the housing markety continues to bea challenge, Toll said it has experienced an uptick in activity and traffic at its The company will not providew earnings guidance because of “the numeroues uncertainties related to our business,” said Joel H. chief financial officer.
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