Disney's 'Avengers: Infinity War' Becomes Fourth Film In History To Make $100M In Second Weekend
Marvel’s "Avengers: Infinity War" blew up the box office again over the weekend with $112.5 million in receipts, making it the fourth film in history to top $100 million in its second weekend.
Nonetheless, the Walt Disney Co (NYSE: DIS) film missed MKM Partners' estimates by $5.5 million.
“That said, it is tough to complain with ‘Infinity War’ coming off a record opening weekend and producing the second-best second weekend of all time,” MKM Managing Director Eric Handler said in a Monday note. The film performed in line with trade report expectations, the analyst said.
“Avengers: Infinity War” accounted for 72 percent of the revenue from the weekend’s top 10 grossing films and helped lead the summer season’s second weekend to 25-percent year-over-year growth.
The film comprised 93 percent of Imax Corp (USA) (NYSE: IMAX) weekend revenue and, in the first two weekends, claimed 9-percent market share in North America and 5.6 percent in non-Chinese international markets.
Disney could sustain its box office leadership with “Solo: A Star Wars Story” and “The Incredibles 2," which are set for release May 25 and June 15, respectively. MKM anticipates a “Solo” opening north of $150 million.
The firm could also boost the potential success of Twenty-First Century Fox Inc Class A (NASDAQ: FOXA)’s “Deadpool 2” if the companies’ intended merger is approved.
At the time of publication, Disney shares were trading up 0.88 percent at $102.01.
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Screenshot courtesy of Marvel.
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Apr 2018 | BMO Capital | Upgrades | Underperform | Market Perform |
Apr 2018 | Pivotal Research | Upgrades | Sell | Hold |
Mar 2018 | Loop Capital | Initiates Coverage On | Buy |
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