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million, and has decided to discontinue givin gearnings guidance. The Horsham, Pa., company’ds net loss was 52 cents a share, which includer pre-tax write-downs totaling $119.6 million. Durinhg the same period last Toll (NYSE:TOL) reported a $93.7 million, or 59 centxs a share, loss, which included pre-tax write-downas totaling $288.1 million. Revenue for the quartedr came inat $398.3 million, a plunge of 51 The average analyst estimate for this year’s fiscal secondx quarter was a loss of 50 cents per share and revenue of $395 according to Thomson Reuters. Toll shares were trading 6 percent lower Wednesdayat $18.35.
Thougnh the housing market continues to bea challenge, Toll said it has experiencedr an uptick in activity and traffic at its The company will not provide earnings guidance becauss of “the numerous uncertainties relate to our business,” said Joel H. Rassman, chief financiall officer.
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