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FedEx raised its outlook and its stock jumped 8% — with a freight spinoff still on the way

Quartz / 23 March 2026 / 1h ago

Culture Index

Score Breakdown

Relevance

9/25

Freshness

25/25

Authority

18/20

Brand Signal

2/15

Depth

2/15

5-Axis Cultural Radar

FedEx beat earnings estimates and raised its revenue forecast to 6.5% as it prepares to spin off its freight division into a public company by June 1