Box Office Predictions: June 30-July 2

It’s a busy weekend ahead as Despicable Me 3 looks to dominate the box office as the Will Ferrell comedy The House and critically acclaimed musical comedy crime thriller Baby Driver are out as well. There’s also a significant theater expansion for Sofia Coppola’s Civil War dramatic thriller The Beguiled. You can peruse my detailed prediction posts on all four here:

https://toddmthatcher.com/2017/06/21/despicable-me-3-box-office-prediction/

https://toddmthatcher.com/2017/06/21/the-house-box-office-prediction/

https://toddmthatcher.com/2017/06/21/baby-driver-box-office-prediction/

https://toddmthatcher.com/2017/06/26/the-beguiled-box-office-prediction/

As I see it, Illumination Entertainment’s Despicable threequel will not reach the heights of its spin-off predecessor Minions, which opened to $115M two summers ago. I’m looking at a return in the high 80s.

The House appears primed for a second place debut (barely) now that Transformers: The Last Knight didn’t fare so well (more on that below). I have a strange suspicion that it could under perform, but it’s got Will Ferrell and is the only real straight up comedy out there so I’m going late teens.

Baby Driver (which rolls out early on Wednesday) could absolutely be a wild card with some breakout potential. It’s got great buzz among the cinephile community, but I’m not sure how much that will translate to robust earnings out of the gate. I have it slated for sixth.

The Beguiled had a terrific limited debut this past weekend and its 550 screen count has me estimating a $3.8M gross.

Holdover action should see a precipitous drop for Transformers with Wonder Woman likely having a smaller decline than Cars 3 considering the animated competition. The Last Knight could even be in danger of slipping to fourth or fifth if holds for the other two aren’t quite as pronounced as my prognoses.

And with that, let’s do a top 6 estimates:

1. Despicable Me 3

Predicted Gross: $88.7 million

2. Transformers: The Last Knight

Predicted Gross: $17.4 million (representing a drop of 61%)

3. Wonder Woman

Predicted Gross: $14.5 million (representing a drop of 42%)

4. The House

Predicted Gross: $13.8 million

5. Cars 3 

Predicted Gross: $12.1 million (representing a drop of 49%)

6. Baby Driver

Predicted Gross: $10.9 million (Friday to Sunday estimate), $15.8 million (Wednesday to Sunday)

Box Office Results (June 23-25)

Transformers: The Last Knight, the fifth in the decade long franchise, posted the worst stateside numbers for the series thus far. The critically panned pic earned $44.6 million over the traditional Friday to Sunday weekend and $68.4 million since its Wednesday debut. That’s well below my respective estimates of $57.8M and $81.5M. The previous Transformers low belonged to the 2007 original, which made $70 million for its start. Lucky for Paramount, these flicks still are doing solid business overseas.

There was a photo finish for second place as Wonder Woman made $24.9 million for the runner-up spot. That’s a bit below my $27.6M projection and the DC title has banked $318 million. Cars 3 went from first to third at $24 million and I forecasted more with $30M. The Pixar sequel stands at $98 million.

Shark tale 47 Meters Down held up stronger in its sophomore weekend than I figured. Its $7 million was good for fourth place and I incorrectly had it outside my projected top 5.

The Mummy was fifth with $6 million, under my $7.4M estimate for a $68 million so far. At this point, it looks assured the Tom Cruise pic will not reach $100M domestically and probably earn around $80M.

Finally, Tupac biopic All Eyez on Me had a massive drop in weekend #2, falling to sixth with $5.8 million (I was higher with $8.4M). That’s a 78% plummet and it’s earned $38 million total.

And that does it for now, folks! I’ll be back with next week’s predictions when Spider-Man: Homecoming swings into multiplexes.

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One thought on “Box Office Predictions: June 30-July 2

  1. Yo Todd!

    I don’t know about you, but with the exception of a handful of titles it’s been a pretty shitty summer at the box office.

    Here’s my numbers:
    Despicable Me 3 – $93M
    Baby Driver – $19.2M
    The House – $13M
    The Beguiled – $2.6M

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