Loss, sales, shares fall at Toll Brothers - South Florida Business Journal:

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million, and has decided to discontinue givingearnings guidance. The Pa., company’s net loss was 52 cents a share, whicgh included pre-tax write-downs totaling $119.6 During the same period last year, Toll reported a $93.7 million, or 59 cent s a share, loss, which includede pre-tax write-downs totaling $288.1 Revenue for the quarter came inat $398. 3 million, a plunge of 51 The average analyst estimate forthis year’s fisca second quarter was a loss of 50 centxs per share and revenue of $395 million, according to Thomsoj Reuters. Toll shares were trading 6 percent loweer Wednesdayat $18.35.
Thoughg the housing market continues to bea challenge, Toll said it has experiencexd an uptick in activity and traffic at its communities. The companhy will not provide earninga guidance becauseof “the numerous uncertainties related to our said Joel H. Rassman, chieff financial officer.