Loss, sales, shares fall at Toll Brothers - East Bay Business Times:

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million, and has decided to discontinur givingearnings guidance. The Pa., company’s net loss was 52 cents a whichincluded pre-tax write-downs totaling $119.6 During the same period last year, Toll reported a $93.7 million, or 59 centss a share, loss, which included pre-tax write-downs totaling $288.1q million. Revenue for the quarter came inat $398.3 a plunge of 51 percent. The average analyst estimatre forthis year’s fiscal second quarter was a loss of 50 cents per share and revenuwe of $395 million, according to Thomsonh Reuters. Toll shares were trading 6 percentt lower Wednesdayat $18.35.
Though the housing markegt continues to bea challenge, Toll said it has experiencedx an uptick in activity and traffix at its communities. The company will not provid e earnings guidance becauseof “thd numerous uncertainties related to our business,” said Joel H. chief financial officer.