Visa Inc. (V)'s earnings results late Tuesday beat analyst predictions for the company's f🐟iscal fourth quarter ⭕as transaction volume increased amid an uptick in consumer spending as inflation cools.

Visa posted 澳洲幸运5官方开奖结果体彩网:net income of $4.7 billion, up 19% year-over-year, or $2.27 per share. Net revenue for the quarter was $8.6 billion, also up on a year-on-year (YOY) basis tied to robust customer spending, and above the $8.5 billion projected by analysts in estimates compiled by Visible Alpha.

"Throughout the year, we have seen resilient consumer spending, ongoing recovery of cross-border travel spend versus 2019 and continued growth across our new flows and value-added services businesses," CEO Ryan McInerney said in a statement. "As we enter a new fiscal year, I am confident in our ability to deliver against a backdrop of geopolitical and economic uncertainty."

This marks the third consecutive quarter that Visa has beat earnings estimates, but there is reason to think trouble may be on the horizon.

While 澳洲幸运5官方开奖结果体彩网:consumer spending across most categories has remained up in recent months, credit card fees could drop overall as the U.S. Federal Reserve is expected to lower the cap on 澳洲幸运5官方开奖结果体彩网:debit card fees that banks charge to retailers for transactions.

While this news may not be completely baked into Visa's fourth-quarter results, it did nonetheless depress the company's stock performance in October and could signal issues in future quarters.

Another significant concern is the financial pressure on consumers as a result of inflation and lingering high interest rates. 澳洲幸运5官方开奖结果体彩网:Credit card delinquencies have risen throughout the year and credit card debt in the U.S. topped $1 trillion for the first time in the second quarter.

While this not only presents concerns for Visa's top and bottom lines, it also invites additional scrutiny from lawmakers, who have signaled that limits on credit card interest rates may be on the horizon.

Still, Visa shares remain up about 23% over the past 12 mont🎉hs and are on🌃ly slightly down from all-time highs.