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  "documentTitle": "Houlihan Lokey | Investment Banking Pitch Book | 26 slides",
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  "authorName": "Houlihan Lokey",
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  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2019-08-01 00:00:00",
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  "pageNumber": 9,
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  "notes": "Includes detailed footnotes explaining the methodology for calculating EPS and accretion/dilution.",
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      "kind": "callout",
      "text": "Poconos management estimates subject to further refinement",
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      "text": "1. Poconos projections per Poconos management. ... 8. Computed as (i) difference between Pro Forma Earnings / (Loss) per Share and Status Quo Earnings / (Loss) per Share, divided by (ii) Status Quo Earnings / (Loss) per Share. Not meaningful figure in CY 2019E due to negative status quo and pro forma net income.",
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      "text": "Poconos earnings per share is calculated to increase in CY 2020E and CY 2021E.\nImplied accretion / dilution is not meaningful in CY 2019E due to negative forecasted net income.",
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