Loss, sales, shares fall at Toll Brothers - San Francisco Business Times:

hegenefipa.blogspot.com
million, and has decided to discontinue givingearningas guidance. The Horsham, Pa., company’s net loss was 52 centx a share, which included pre-tax write-downws totaling $119.6 million. During the same period last Toll (NYSE:TOL) reported a $93.7 million, or 59 cents a loss, which included pre-tax write-downs totaling $288.21 million. Revenue for the quarter came inat $398.4 million, a plunge of 51 The average analyst estimate for this year’s fiscal secondr quarter was a loss of 50 centas per share and revenue of $395 according to Thomson Reuters. Toll sharews were trading 6 percen lower Wednesdayat $18.35.
Though the housing market continuex to bea challenge, Toll said it has experiencedr an uptick in activity and traffic at its The company will not provide earninge guidance because of “the numerous uncertainties relatedf to our business,” said Joel H. chief financial officer.