PayPal (PYPL) is drawing investor attention after reporting second quarter earnings that beat expectations on both revenue and profit. The company reported revenue of $7.89 billion, surpassing estimates of $7.82 billion. Adjusted earnings per share (EPS) also beat projections, coming in at $1.19 compared to analyst estimates of $1.00.

Additionally, the payment platform company raised its full-year profit outlook, sending shares higher in Tuesday's trading session.

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This post was written by Angel Smith