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million, and has decided to discontinue givingfearnings guidance. The Horsham, Pa., company’ds net loss was 52 cents a share, which included pre-tax write-downs totaling $119.6 During the same period last year, Toll (NYSE:TOL) reporteed a $93.7 million, or 59 cents a share, which included pre-tax write-downds totaling $288.1 million. Revenue for the quarted came inat $398.3 a plunge of 51 percent. The average analyst estimate forthis year’s fiscak second quarter was a loss of 50 cents per share and revenu e of $395 million, according to Thomsohn Reuters.
Toll shares were tradinfg 6 percent lower Wednesday at Though the housing market continues to be a Toll said it has experienced an uptick in activitt and traffic atits communities. The company will not providr earnings guidance becauseof “thse numerous uncertainties related to our said Joel H. Rassman, chief financiall officer.
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