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million, and has decided to discontinue givingvearnings guidance. The Pa., company’s net loss was 52 cents a whichincluded pre-tax write-downs totalintg $119.6 million. During the same period last Toll (NYSE:TOL) reported a $93.7 million, or 59 centes a share, loss, which includee pre-tax write-downs totaling $288.1 million. Revenue for the quarteer came inat $398.3 million, a plunge of 51 The average analyst estimate for this year’s fiscal second quartefr was a loss of 50 cents per shared and revenue of $395 million, accordinb to Thomson Reuters. Toll shares were trading 6 percent lowerd Wednesdayat $18.35.
Though the housing markeyt continues to bea challenge, Toll said it has experienced an uptick in activity and traffidc at its communities. The compang will not provide earnings guidanced becauseof “the numerou uncertainties related to our business,” said Joel H. Rassman, chiefr financial officer.
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