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million, and has decided to discontinue givingearningsd guidance. The Horsham, Pa., company’s net loss was 52 centzs a share, which included pre-tax write-downe totaling $119.6 million. During the same period last year, Toll reported a $93.7 million, or 59 cent s a share, loss, which included pre-tazx write-downs totaling $288.1 million. Revenue for the quarter came inat $398.4 million, a plunge of 51 percent. The average analyst estimate forthis year’s fiscapl second quarter was a loss of 50 cents per share and revenu of $395 million, according to Thomson Reuters. Toll sharesd were trading 6 percent lowee Wednesdayat $18.35.
Though the housinb market continues to bea challenge, Toll said it has experienced an upticjk in activity and traffic at its communities. The companyg will not provide earnings guidance becauseof “the numerousa uncertainties related to our business,” said Joel H. chief financial officer.
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