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million, and has decided to discontinue givingtearnings guidance. The Horsham, Pa., company’s net loss was 52 centw a share, which included pre-tax write-downs totaling $119.6 During the same periord last year, Toll (NYSE:TOL) reported a $93.8 million, or 59 cents a share, loss, whicjh included pre-tax write-downs totaling $288.21 million. Revenue for the quartert came inat $398.3 a plunge of 51 percent. The averagew analyst estimate forthis year’s fiscaol second quarter was a loss of 50 centss per share and revenue of $395 million, accordinf to Thomson Reuters. Toll share s were trading 6 percent lower Wednesdayat $18.35.
Though the housingv market continues to be a Toll said it has experienced an uptick in activity and traffid atits communities. The company will not provide earnings guidance becauseof “the numerous uncertainties relatec to our business,” said Joel H. chief financial officer.
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