1. Underworld 4-$25.03m

The third one still opened over $20m in 2009 even though there was no Kate Beckinsale. With 3D + IMAX + the return of the main actress, i don't see how this can fall below the third one's opening. It won't surpass Underworld 2's $62.3m gross due to bigger competition but it will certainly beat the third one's $45.8m gross.

2. Red Tails-$17.30m

The good reviews and positive test screenings will help this get at least 6K PTA. In fact, if the WOM is good enough, it could even beat Underworld 4 in the long run. Right now, it is #1 in advanced ticket sales and is handily beating Underworld 4 in twitter. I wouldn't be surprised if it opened over $20m this weekend.

3. Extremely Loud and Incredibly Close-$13.95m

It has done good but not outstanding numbers in limited release. The reviews are in the mixed area but the star power should get it to around a 5K PTA.

4. Contraband-$11.82m (-51.46%)

It will face competition with Red Tails and Underworld that are likely to open combined $40M+ this weekend. Also, it declined on its second day meaning there was a rush factor (Mark Wahlberg fans). However, the good WOM will prevent it from dropping over 55%. I see a final total of $65-70m. A solid total for a mixed-review action hit that only cost $25m. I'd say Universal is off to a great year.

5. Beauty and the Beast-$10.78m (-39.27%)

Even though there is no competition for families this weekend, its Saturday increase was even lower than Lion King Re-release and it was front-loaded for a family movie. However, it's no surprise because re-release Family films often have fan base and it’s more likely that 18-49 demographic makes up the majority of the audience due to nostalgic factor. Disney spent just $10m re-releasing it in 3D so they will get money back. Thanks to the A+ CinemaScore, It will still be above $10m this weekend. I see a final total of $55-60m, a solid run for a film that is already available on DVD/Blu-Ray. This excellent performance bodes well for the Finding Nemo 3D Re-release.

6. Mission Impossible 4-$6.36m (-45.58%)

It will lose IMAX screens to Underworld 4. Additionally, it faces new competition with Red Tails. Therefore, it will drop in the mid-to-high 40s. However, it could still top MI2 unadjusted domestically. A total of $213-223m is what the target will be at this point. The good news is that it's already sold more tickets than MI3 did in its whole run.

7. Joyful Noise-$6.27m (-44.14%)

Queen Latifah's movie, Last Holiday in its 2nd weekend from 6 years ago dropped just 32% due to good WOM. However, this one has to deal with Red Tails (urban audiences) and will drop at least 40%. Luckily for Warner Bros, it cost just $25m. I see it ending with $30m.

8. Haywire-$6.09m

Haywire's dumped release date reminds me of Warrior (scored an A in Cinemascore but opened poorly with terrible drops due to strong competition) and North Country (adult oriented film with excellent reviews but faded fast in theaters due to poor opening like Warrior). I see it opening similar to North Country and Warrior. To make any chance at profitability, the studio hopes that audiences will embrace it like The Bank job from 4 years ago (mediocre opening but excellent legs). Like North Country and Warrior that did will with critics but ignored by audiences, it will leave theaters quickly due to other action films coming out in later weeks.

9. Sherlock Holmes-$4.84m (-43.67%)

If it wasn't for competition, it could've had a legitimate shot of cracking $200m. Unfortunately, like MI4, it will have to deal with Red Tails and Underworld 4 this weekend. It may get a good drop next weekend, since none of the openers seem like it will open higher than $13m. But Chronicle and Safe House (which are tracking very well) will steal its screens. It will finish with in the $185-195m range, a solid total for a sub-$40m OW.

10. The Iron Lady-$4.81m (-11.14%)

Weinstein has decided to add more theaters for this. It doesn't hurt the one of America's well-liked actresses won a Golden Globe for best actress. I wouldn't be surprised if it even beats Haywire this weekend if it flops enough. I see a total in the high 20s to low 30s, which means it will double its $13m production cost. Good for a film that didn't get Oscar-like reviews.