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

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million, and has decided to discontinuew givingearnings guidance. The Horsham, Pa., company’s net loss was 52 centsz a share, which included pre-taxs write-downs totaling $119.6 million. During the same period last year, Toll reported a $93.7 or 59 cents a share, which included pre-tax write-downs totaling $288.1 million. Revenu for the quarter came inat $398.3 a plunge of 51 percent. The averagre analyst estimate forthis year’s fiscal second quarter was a loss of 50 cents per share and revenue of $395 according to Thomson Reuters. Toll sharese were trading 6 percent lower Wednesdayuat $18.35.
Though the housingg market continues to be a Toll said it has experienced an uptickk in activity and traffic at its The company will not provide earnings guidance becausof “the numerous uncertainties related to our said Joel H. Rassman, chiev financial officer.