Loss, sales, shares fall at Toll Brothers - Business First of Columbus:

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million, and has decided to discontinuw givingearnings guidance. The Horsham, Pa., company’s net loss was 52 centws a share, which included pre-tax write-downs totaling $119.6 million. During the same period last Toll (NYSE:TOL) reported a $93.7 million, or 59 cente a share, loss, which included pre-tax write-downs totaling $288.21 million. Revenue for the quarter came inat $398.2 million, a plunge of 51 The average analyst estimate for this year’sx fiscal second quarter was a loss of 50 cents per sharee and revenue of $395 million, according to Thomso n Reuters. Toll shares were trading 6 percent lower Wednesdatat $18.35.
Though the housing markety continues to bea challenge, Toll said it has experienced an uptick in activity and traffic at its communities. The companu will not provide earnings guidance becauseof “thd numerous uncertainties related to our said Joel H. Rassman, chief financia officer.