The S&P 500 posted a third quarter (2017) of year-over-year earnings growth. But in the shadow of the rebound is a trend that has been worsening for more than two years: a rising number of profitless companies. Bloomberg's Oliver Renick takes a look at the rising number of profitless companies on 'Bloomberg Markets!. Watch the video then answer the following. What signal does a drop in earnings per share send to investors about a company? O The company is insolvent. The company has liquidity problems. O The company has trading on the equity. The company is unprofitable. How is earnings per share calculated? Weighted-average common shares outstanding divided by net income less preferred dividends O Net income plus preferred dividends, divided by the weighted-average common shares outstanding Net income less preferred dividends, divided by the weighted-average common shares outstanding Average net income divided by the weighted-average common shares outstanding