While final numbers will come out tomorrow, early estimates suggest that Green Lantern starring Ryan Reynolds and Blake Lively, with its budget of $200 million, will under perform. The movie ended up doing $52.7 million, but that is far less than what many were projecting. To add insult to injury, despite it having a heftier budget than recent superhero movies in the past month-and-a-half, it did far less than its competitors.
For example, Thor did $65.7 million in its initial weekend, 20% better than Green Lantern — despite it having a budget of $150 million, 25% cheaper than Green Lantern. Despite Thor doing better numbers than Lantern in its first weekend, it has only raked $176 million in total through six weeks — with the total gross falling each passing week. So, if Lantern wants to earn a big profit, it will have to make major ground during the week and next weekend. X-Men: First Class did similar numbers to Green Lantern in its initial weekend, drawing $55.1 million. Although critics are panning the film with dismal ratings, the movie is still rating well among non-critics.
Elsewhere this weekend, week two of did an estimated $21.3 million for a total gross of $72.8 million. That did better than the premiere weekend of Jim Carey’s Mr. Popper’s Penguins (18.2 million). X-Men: First Class was in fourth place (11.5 million, $119.9 million total through two full weeks and three weekends). The Hangover Part II rounded out the top five with $9.6 million for a total gross of $232.6 million.