Investing.com -- Verizon has unveiled an annual earnings forecast range that was above analyst estimates at the midpoint, as the telecoms group said it was "well-positioned" for growth in 2024.

Adjusted profit per share for the current year is seen at between $4.50 to $4.70. Bloomberg consensus projections had seen the outlook at $4.58.

Shares in the company moved higher in premarket U.S. trading on Tuesday.

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