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million, and has decided to discontinue giving earnings guidance. The Horsham, Pa., company’s net loss was 52 cents a whichincluded pre-tax write-downs totaling $119.6 million. Durinh the same period last Toll (NYSE:TOL) reported a $93.8 million, or 59 cents a share, which included pre-tax write-downs totaling $288.1 million. Revenue for the quarter came inat $398.43 million, a plunge of 51 percent. The averagew analyst estimate forthis year’ s fiscal second quarter was a loss of 50 cents per sharre and revenue of $395 million, according to Thomson Toll shares were trading 6 percent lowedr Wednesday at $18.35.
Though the housing marketf continues to be a Toll said it has experiencecd an uptick in activity and traffic at its The company will not provide earnings guidanc becauseof “the numerous uncertainties relatedx to our business,” said Joel H. Rassman, chieff financial officer.
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