Finished up the final interview today with a company for a position. Previous interviews went extremelyy well. My meeting with the hiring manager was going great then this is what's said in the end.
Hiring Manager: Everything I've heard today is good and I have no more questions.
Me: Thanks, well I look forward to possibly joining your team and hearing from you soon.
Hiring Manager: I'll be blunt with you, I have an internal candidate who if they say yes they are interested in this position, I will give the job to them. But there may be other opportunities for you within the organization. I like what you've said today.
I've been a hiring manager a few times in my career and basically, this indicates that one did not get this particular job. :-)
The good news is that something else may be a better fit for me within his org based on his followup statement. Wait and See. I like the hiring manager and what he wanted to do with the org. It was something I could definitely help him with.