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

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million, and has decided to discontinue giving earnings The Horsham, Pa., company’ws net loss was 52 cents a share, which included pre-tax write-downds totaling $119.6 million. During the same period last year, Toll reported a $93.7 million, or 59 centzs a share, loss, which included pre-tax write-downsw totaling $288.1 million. Revenue for the quarter came inat $398.3 million, a plunge of 51 percent. The average analysr estimate forthis year’s fiscal second quarter was a loss of 50 centas per share and revenue of $395 million, according to Thomson Toll shares were trading 6 percent lowe r Wednesday at $18.35.
Though the housing market continuese to bea challenge, Toll said it has experiencefd an uptick in activity and traffic at its The company will not provide earnings guidance becaused of “the numerous uncertainties related to our said Joel H. Rassman, chief financial