Why did FINV's Q4 earnings fall short of forecasts?

FINV's Q4 earnings fell short of forecasts due to several factors:

1. International Business Growth: While FINV's international business showed strong growth, the domestic market was impacted by China's economic uncertainties and low consumption recovery. These factors affected the company's overall performance and contributed to the shortfall in earnings.
2. CEO Resignation and Organizational Changes: The resignation of CEO Feng Zhang and the subsequent organizational changes, including the appointment of Tiezheng Li as the new CEO, may have caused some disruption in the company's operations and strategy, potentially affecting financial performance.
3. Market Conditions and Economic Uncertainties: The company faced regulatory changes in key markets such as China and Indonesia, which could impact operations. Economic uncertainties in China may affect consumer confidence and borrowing, leading to challenges for the company's business model.

In summary, FINV's Q4 earnings fell short of forecasts due to a combination of factors including slower domestic market growth, organizational changes, and challenging market conditions.