PYPL - PAYPAL BEATS, RAISES FY OUTLOOK *Q2 EPS: $1.38 vs. $1.28 est. *Revenue: $8.68B vs. $8.47B est. *Payment Volume: $486.5B vs. $468.5B est. Outlook *FY adj. EPS: Raised to ~$5.38 (vs. $5.31 est.) *Q3 adj. EPS: Low-single-digit decline expected. Capital Return & Cost Cuts *Dividend: $0.14/share *Buybacks: $6B planned for FY *Cost savings: At least $1.5B over the next 2–3 years.(*Walter Bloomberg)