Which Bank Is The Best Investment? Comparing P/E Ratios – $JPM $C $WFC

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Straight from Benzinga newsdesk, hosts Michael O’Connor and David Willey bring you the market news and stocks to watch.

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JPMorgan Chase & Co (NYSE:JPM) reported Q2 net revenue (managed) of $42.4 billion, up 34.1% year-over-year, beating the consensus of $38.96 billion. Reported revenue was $41.31 billion, up 34.5% Y/Y.

ROIV: 28.75% – Roivant Sciences shares are trading higher after WSJ reported the company is in discussions with Roche for stomach disease drug $7 billion deal.

Netflix has updated its Profile Transfer feature to help users transfer their complete watch history from one account to another, without forcing users to create a new account. Essentially, you can carry your preferences to an existing account if your friend booted you out of their shared Netflix Inc. (NASDAQ:NFLX) one. Wedbush Reiterates Outperform on Netflix, Maintains $475 Price Target.

Analysts are expecting Citigroup Inc. (NYSE:C) to have earned $1.30 per share on revenue of $19.27 billion for the latest quarter. The bank will release earnings before the markets open. Citigroup shares gained 0.5% to $47.90 in after-hours trading.

Analysts expect Wells Fargo & Company (NYSE:WFC) to report quarterly earnings at $1.15 per share on revenue of $20.07 billion before the opening bell. Wells Fargo shares fell 0.3% to $43.58 in after-hours trading.