15 Billion-Dollar Companies With Negative Net Earnings

Just because a company is big, popular and always in the headlines doesn’t necessarily mean that the company is raking in cash. In fact, for various reasons, many of the most popular and highly-owned public companies have had negative net earnings during the past year.

Here’s a list of 15 billion-dollar companies that have failed to turn a profit over the past four quarters.

1. MGM Resorts International MGM

Market cap: $10.21 billion
Trailing 4-quarter net income: -$87.2 million

2. Icahn Enterprises LP IEP 2.42%

Market cap: $10.85 billion
Trailing 4-quarter net income: -$180.0 million

3. Sprint Corp S 0.88%

Market cap: $18.09 billion
Trailing 4-quarter net income: -$3.37 billion

4. Palo Alto Networks Inc PANW 1.27%

Market cap: $14.67 billion
Trailing 4-quarter net income: -$268.2 million

5. Charter Communications, Inc. CHTR 1.03%

Market cap: $19.05 billion
Trailing 4-quarter net income: -$327.0 million

6. Twitter Inc TWTR 0.9%

Market cap: $23.11 billion
Trailing 4-quarter…

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