“Spider-Man” Beats Estimates With $125M Launch

Marvel Studios and Sony Pictures’ acclaimed “Spider-Man: Homecoming” opened to a stunning $50.5 million on Friday (incl. $15M in Thursday previews) with estimates now giving it a projected $120-125 million weekend domestically.

That’s far and above the $80 million estimate put out by the studio last week and even the $105 million that was being suggest by rival studios around the same time.

If the new estimate holds, it will be the third-best domestic opening of the year to date behind only “Beauty and the Beast” ($174.8 million) and “Guardians of the Galaxy Vol. 2” ($146.5 million). The film also pulled in an A CinemaScore from audiences, the best grade of the franchise.

“Despicable Me 3” is expected to come in second with $37 million, while overseas that film is killing it with the movie jumping to $300 million globally and just had the biggest opening day of all time for an animated title in China.

“Baby Driver,” “Wonder Woman” and “Transformers: The Last Knight” are expected to round out the top five.

Source: THR