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million, and has decided to discontinued givingearnings guidance. The Horsham, Pa., company’s net loss was 52 centsx a share, which included pre-tax write-downa totaling $119.6 million. Durintg the same period last year, Toll reported a $93.7 million, or 59 cents a loss, which included pre-tax write-downs totaling $288.1q million. Revenue for the quarter came inat $398.3 million, a plunge of 51 The average analyst estimate for this year’ fiscal second quarter was a loss of 50 centsd per share and revenue of $395 million, according to Thomson Reuters. Toll sharesw were trading 6 percent lower Wednesdayhat $18.35.
Though the housing markety continues to bea challenge, Toll said it has experiencedd an uptick in activity and traffix at its communities. The companhy will not provide earningas guidance becauseof “the numerous uncertaintiee related to our business,” said Joel H. chief financial officer.
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